Cost disclosures – House of Lords writes to FCA

Lord Forsyth of Drumlean, chair of the Financial Services Regulation Committee, has written to Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA), pushing for a resolution to the cost disclosure issue that has been plaguing the investment companies sector, writes James Carthew

 
This is a very welcome intervention, we think, and hopefully it will add to the very considerable pressure on the FCA to sort out this problem.

We have attached the letter here