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Fund outflows rise as uncertainty builds

Retail funds have seen a third consecutive month of outflows, according to the latest data from the Investment Association, the fund managers' trade body.

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Fund sales second highest on record in 2021

Investors added £43.4bn to retail funds in 2021, the second best year on record, despite the pandemic.

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FCA set to open new long-term funds to retail investors 

 

The FCA confirmed today that that it will go ahead with its plans for long-term investment funds aimed at sophisticated investors and pension funds, potentially opening them up later to some retail investors.

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FCA revamps rules for MiFID investment firms

 

The FCA has today published final rules to “streamline and simplify” the prudential requirements for solo-regulated UK firms authorised under the Markets in Financial Instruments Directive (MiFID). 

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