I really hope this is the FCA 'mispeaking' on this. It is bad enough that there is an advice/ guidance 'boundary' review for asset accumulation. A redrawing of the boundary is deregulation. Simple as that. To apply it to the post retirement decumulation market is even more risky.

What will it take for self styled progressive voters to finally accept Lab is not a progressive party?
I guess nothing will change their views. Assessed objectively Lab not much different to Tories. But, still has better brand so allows self styled progressives to virtue signal.

Investment trusts should be subject to the same level of transparency and disclosure on costs as any other form of private finance.
The argument put forward that ITs are just listed companies like Marks and Spencer and costs are already priced in is simply disingenuous.

It’s being gutted. One wonders if any union leaders might actually show their teeth over this, having been sold the “New Deal” in exchange for quiescence over the last few years.

📊New OECD Data 🏠: Over 2 million people are experiencing #homelessness , but rates differ around the world.

Dive into the complexities of tracking and comparing #homelessness data in 40 countries the OECD ➡️ Better Policies for Better Lives #AffordableHousing Database! 🌍

👉 oecd.org/social/homeles…

As some of us warned, the competitiveness and growth objective imposed on regulators would be used by government and finance lobbies to stymie efforts to clean up financial services.
Will FCA stand up to government pressure, do the right thing?
on.ft.com/4dyKyoL via Financial Times

Neither main party is being honest about the crises facing the UK.
Labour just as bad by pretending that we must have new austerity. It is not being honest with people about the huge costs of using private finance to fund green transition, NHS, social care, and public services.

Important research from the great team at Positive Money
A properly designed Central Bank Digital Currency could provide real public policy benefits *and* generate funds for the green transition.
x.com/PositiveMoneyU…

Some decent measures here. Campaign groups been promoting these for a while.
But market measures will have limited effect.
It is just not true Labour will not be able to spend big to raise living standards. It could if it wanted. It's ideology, a political choice, not to.

The North East is so close to electing a Mayor with transformative policies.

Want to make it happen? Donate and offer Mayor Jamie Driscoll's campaign whatever you can 👇

gofundme.com/f/jamie-drisco…

We live in a perverted, corrupted, immoral world if a genocidal military state, which has slaughtered thousands of innocents, makes an 'offer' like this and it is described as 'extraordinarily generous'.
theguardian.com/world/2024/apr…

Congratulations to the formidable Cllr. Lilian Seenoi Barr (MRS BARR)-SDLP who’ll make a magnificent first citizen for Derry & an impact far beyond. Have known Lilian as an activist & colleague almost 10 years, admiring her energy & thinking on a New Ireland & new Northern Ireland. A Maasai woman & a Derry girl

🚨 BREAKING: Shadow Health Secretary Wes Streeting says that if the Conservatives deport migrants to Rwanda, Labour will not bring those people back to Britain.

'I don't think we're looking to unpick that situation'.

The benchmark income for destitution is £95 a week. Unemployment benefit is £85 a week.

Drop everything you're doing and do this one thing.

Message everyone you know in the North East.

Relatives, friends, colleagues, exes. Whoever!

Ask them to vote Mayor Jamie Driscoll.

The polling shows he can do it. The Tories have no chance. Vote with your conscience!

It's hard to fathom how anybody who voted without demur for austerity, Brexit, Trussonomics, benefit cuts for the disabled, Universal Credit, bedroom tax, tripled tuition fees, anti-union laws and the Rwanda deportations can suddenly declare that they're a Labour MP

What on earth? Labour purged people for just liking views of other politicians.
But it actively welcomes MPs from a right wing party.

There's a reason why an MP from a right wing party joins Labour. It's not because he has suddenly become progressive. It's evidence that Labour is now a right wing party on economics and culture issues.
Bigger role for private providers/ finance in NHS etc
amp-theguardian-com.cdn.ampproject.org/c/s/amp.thegua…

Worrying.
Policymakers have wasted so much time with initiatives based on narrative reporting, risk disclosures, sustainability labels etc. Ratings providers have proliferated.
Policymakers should have focused on getting foundational data right.
on.ft.com/3w27H1X via Financial Times

Kate Andrews on #bbcaq seems to think using private finance in public sector saves us money.
Private finance more costly than state funding.
Pushes up costs. Using private finance is a financial conjuring trick, false economy. Sadly, Lab also misleads public on comparative costs