Is regulation stifling competition in the industry?

In its response to the concerns identified through its Asset Management Market Study, published in 2017, the regulator unveiled a "package of remedies" that it hoped would "ensure fund managers compete on the value they deliver, and act in the interests of the millions who entrust them with their savings". Previously, the FCA expressed concern "price competition is weak in a number of areas of the industry". The FCA's suggested remedies included: supporting the disclosure of an all-in fee; a "standardised" disclosure of costs and charges; chairing of a working group that will help pro...