B

Baroness Wheatcroft (CB)

Speaking in the House of Lords on 24 March 2025

Debate

Closed-Ended Investment Companies: Cost Disclosure

Contribution

My Lords, I thank the Minister for that response, but despite the Government’s welcome SI, and FCA emergency guidance last November, some retail platforms continue to ban customers from investing in UK investment trusts that do not disclose their ongoing charging figures, even though those figures are misleading, as the Government accept. Will the Minister hold urgent talks with the FCA to insist that this barrier to investment be removed immediately?

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