The Investment Association supports FCA and DWP transaction cost consultation
The Investment Association is supportive of the call for evidence on transaction cost disclosure issued by the Financial Conduct Authority (FCA) and Department for Work and Pensions (DWP) today.
Daniel Godfrey, Chief Executive of the Association, said:
“We are pleased that the areas of focus, and the findings of the supporting research, are aligned with the principles that we set out in our recent position paper on good disclosure. The call for evidence provides an opportunity for all parties, most importantly scheme decision-makers, to help shape the disclosure regime at a critical time for the UK pensions environment.
“We look forward to working further with UK and European regulators, and other stakeholders, as new requirements are developed in the coming months.”