Financial Services: Competition

Summary

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

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Timeline

1. 28 August 2026

   Written 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 re

   Source: Commons

2. 4 September 2026

   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.

   Source: Written answer

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Sponsors

• Steve Barclay · Conservative · Commons
• · Treasury · Answering body
• Lucy Rigby · Labour · Answering member

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