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Calls for new body to hold directors to account

The Government should create a new, single authority with the power to punish negligent directors, according to the Investment Association.

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Fund managers' body will “engage” with FCA over criticism

The Investment Association, the body which represents most UK fund managers, says it will “engage closely” with the FCA over the coming weeks on the FCA interim report published today which criticises weak competition in the fund management sector.

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