This is fascinating. It’s an opinion piece on transparency, by an anonymous fund manager about the FCA’s final report on competition in UK asset management, posted on Monevator.
The central tenet is that, in encouraging the use of intermediaries, the regulator makes transparency more difficult to achieve.
I don’t agree entirely with what the author says; for me, transparency is one thing that a good adviser does provide. But the author makes some very valid points.
The FCA is avoiding the elephant in the room
ROBIN POWELL is a freelance journalist and the founding editor of The Evidence-Based Investor. Based in Birmingham, England, he founded Ember Television and Regis Media, and he specialties in helping disruptive financial firms to grow. He also campaigns for a fair, transparent and sustainable investing industry. You can follow him on Twitter at @RobinJPowell.
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Robin is a journalist and campaigner for positive change in global investing. He runs Regis Media, a niche provider of content marketing for financial advice firms with an evidence-based investment philosophy. He also works as a consultant to other disruptive firms in the investing sector.
