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Financial Services: Competition

Asked by Steve BarclayConservativeTreasuryTabled Answered 4 September 2026UIN 19988

The question

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 requirements.

Answered by Treasury

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.

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