FCA board agrees to ditch 'value for money' tag

clock • 2 min read

The board of the Financial Conduct Authority (FCA) has accepted proposals to ditch the term 'value for money' from the final rules relating to the Asset Management Market Study (AMMS).

The minutes from the board meeting on 21 and 22 March show the proposed package of remedies resulting from the AMMS were discussed, namely plans to tackle weak price competition. These remedies had...

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