DIY fund platform interactive investor has sent an open letter to minister John Glen, economic secretary to the Treasury, calling for an “improvement to the UK investment landscape for retail investors”.
In the letter, ii, which hosts 400,000 retail investors, said that not just their clients but retail investors far beyond their own customer base "deserve their share of voice, as both important stewards of capital and, at a time when the UK economy needs more support, playing a crucial part in driving growth" and that "without prescriptive rules, enshrined in legislation, retail investors will remain marginalised in key areas". interactive investor urges FCA to clarify ESG terminology The investment platform continued that it supported the government's agenda to "work to enhance the ...
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