FMA says ‘value for money’ disclosure open to interpretation
CEO Samantha Barrass quizzed about requirements to fill out ‘hundreds of data points’.
FMA CEO Samantha Barrass.
Financial Markets Authority CEO Samantha Barrass has told fund managers they need to demonstrate whether their products are delivering value to their customers commensurate with the fees they pay, but exactly how they demonstrate that is not set in stone.
Speaking at today’s Financial Services
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