PARLIAMENTARY WRITTEN QUESTION
(28 August 2026)
Question Asked
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.
Asked by:
Steve Barclay (Conservative)
Asked by:
Steve Barclay (Conservative)
Answer
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.
Answered by:
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