The Investment Association is consulting on an industry code for standardising disclosure for charges and transaction costs. The Code is designed to help trustees and governance committees of pension funds to access and scrutinise costs, give distributors the information needed to make disclosures compatible with MiFID 2 and PRIIPs requirements, and also help make the industry more efficient. The industry wants to engage with regulators, Government and consumer bodies to see how the information can be translated into consumer-friendly documents. It hopes the Code can start these discussions, and that FCA will recognise it in the same way it has recognised the current Pension Fund Disclosure Code, which it would replace, as well as replacing the CIS Disclosure Code. Consultation closes on 19 May.
Welcome to FIN
FIN. User Guide
Use FIN. to suit your needs – browse the categories at the top of this page, or look through the archives below. You can also search for specific news items, or review by popular tags.
FIN. is updated on a regular basis. Also, we send our mailing list an email once a week with a round up of what’s been happening.
About Womble Bond Dickinson
"Womble Bond Dickinson", the “law firm” or the "firm" refers to the network of member firms of Womble Bond Dickinson (International) Limited, consisting of Womble Bond Dickinson (UK) LLP and Womble Bond Dickinson (US) LLP. Each of Womble Bond Dickinson (UK) LLP and Womble Bond Dickinson (US) LLP is a separate legal entity operating as an independent law firm. Womble Bond Dickinson (International) Limited does not practice law. Please see www.womblebonddickinson.com/legal-notices for further details. womblebonddickinson.com