Financial Services: Competition
Commons · Question 19988 · Tabled 28 Aug 2026 · Treasury · Official record
Answered 4 Sep 2026
Question
Asked by Steve Barclay
To ask the Chancellor of the Exchequer, what assessment the Financial Conduct Authority has made of the potential impact of charging active management fees on fund holdings invested in passive index-tracking products on its Consumer Duty and fair value re
Answer
Answered by Lucy Rigby, 4 Sep 2026
This is a matter for the Financial Conduct Authority (FCA), which is an independent, non-governmental body. The FCA will respond to the hon. Member, and a copy of the letter will be placed in the Library of the House of Commons.