Question to the HM Treasury:

To ask Her Majesty’s Government when they will introduce a single figure for costs including management and trading costs to be required of investment managers when reporting to investors.

The government is committed to ensuring that customers are treated fairly when they make investment decisions and are able to get the best outcomes from their investments. Ensuring that customers can easily understand and compare products is an important part of this. The Government noted the Financial Services Consumer Panel’s contribution to the debate on these issues, including introducing a single figure for costs, and will consider the recommendations made.