Question to the HM Treasury:
To ask His Majesty's Government what assessment they have made of the adequacy of information provided by retail investment platforms to investors in UK-listed closed-ended investment companies, and specifically that relating to whether charges are deducted directly from shareholders or are expenses paid by the company.
In 2024, the Government legislated to enable the Financial Conduct Authority (FCA) to reform the UK’s retail disclosure regime to ensure consumers have access to the most useful information – including on risks, costs and performance – to support their investment decisions.
The FCA continue to engage with industry and will publish their final rules later this year.