Digital wealth firm unveils resource centre for women
In a bid to ‘increase their confidence’ and knowledge about investing
SCM Direct
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Wealth manager calls on FCA boss to quit over Mifid II
Financial Conduct Authority CEO admits no firm has faced enforcement action on fee transparency
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UK Treasury urged to probe FCA over Mifid II failings
Wealth management firm co-founder Gina Miller slams regulator as the ‘industry lapdog’
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Gina Miller takes action against FCA over Mifid II silence
The UK’s Financial Conduct Authority has been taken to task for a lack of transparency over its enforcement of Mifid II rules around costs and charges by Gina Miller, co-founder of wealth management firm SCM Direct.
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UK robo-advice financially unviable, warns investment firm SCM
UK robo-advisers are ‘wired’ to lose money and most will go bust before acquiring the sizeable assets under management needed to survive, a scathing new report has warned.
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European closet tracker investigation ‘flawed’
The European Securities and Markets Authority’s (Esma) investigation into funds marketing themselves as active but in reality are passive, or ‘closet trackers’, underestimates the extent of the problem, according to UK investment boutique SCM Direct.
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LGIM’s early unbundling of research costs applauded
Legal & General Investment Management’s (LGIM) decision to change the way clients are charged for research ahead of the Mifid II deadline has been applauded by the co-founder of investment firm SCM Direct.