Listed Investment Companies (Classification etc) Bill [HL]: HL Bill 23 of 2024–25

The Listed Investment Companies (Classification etc) Bill [HL] is a private member’s bill which would address the classification of investment trusts and issues around the disclosure of costs associated with listed closed-ended investment companies (LCICs). The bill would require the Financial Conduct Authority to take note of the characteristics of LCICs. It would also amend assimilated EU law so that LCICs and advisers investing in them would not be required to aggregate investment companies’ disclosed costs in their own fee disclosures to client.

Listed Investment Companies (Classification etc) Bill [HL]: HL Bill 23 of 2024–25