RegulationJun 11 2015

FCA plan to extend Mifid test could scupper ‘default’ funds

twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon
Search supported by
FCA plan to extend Mifid test could scupper ‘default’ funds
comment-speech

Providers have warned that regulatory plans to extend the ‘complex’ definition, under the second iteration of the European Markets in Financial Instruments Directive, could effectively kill off ‘default’ funds pension schemes use for auto-enrolment.

A service from the Financial Times
For unlimited access to FTAdviser content...

Register now for free

  • Read the latest news and views from the world of financial advice
  • Never miss a story - sign up to our email alerts
  • Bank CPD while you read
Have an account? Sign In