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FCA must offer more guidance on future Priips performance narratives

FCA must offer more guidance on future Priips performance narratives
‘Investment companies are still at a disadvantage in having to produce these toxic disclosures’
The Financial Conduct Authority (FCA) must offer more guidance on the planned Priips changes that will see performance scenarios swapped for text, so consumers can effectively compare products.
Earlier this month the FCA proposed a raft of changes to Priips regulation that, among other things, would see “misleading” performance scenarios amended to instead show a written explanation of factors that could affect future performance of the product in the key information document (Kid).
The watchdog said changes to the regime would “provide more clarity to consumers” in terms of what Priips products are, the risk they present, and information to help understand their likely future performance. ....

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Pricey tracker fund calls into question M&G's value for money assessment

Pricey tracker fund calls into question M&G’s value for money assessment
Asset manager praised for level of introspection but tracker costs some seven times more than a rival equivalent
Aspects of M&G’s latest value for money assessment have been called into question, after an expert pointed out that the asset manager’s tracker fund costs some seven times more than a rival’s equivalent.
In its second assessment of value (AoV) report M&G admitted 60% of its funds “must improve” their investment performance, however the asset manager said that most of its range offers value for money. ....

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Tottenham Women confirm departure of 11 players in summer overhaul

Tottenham Women confirm departure of 11 players in summer overhaul
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Photo by Federico Guerra Moran/NurPhoto via Getty Images
Tottenham Hotspur Women have talked a lot about their ambition to compete at the very top of the Women’s Super League, but thus far their performances have not matched that ambition very closely. Today could be the start of a real push.
Spurs Women announced on social media and their website that eleven players have been released at the conclusion of their contracts, and will be seeking new opportunities in women’s football.
We can confirm the departures of Rianna Dean, Alanna Kennedy, Gemma Davison, Anna Filbey, Hannah Godfrey, Lucia Leon, Aurora Mikalsen, Chloe Peplow, Lucy Quinn, Siri Worm and Elisha Sulola following the conclusion of their contracts.#THFC ⚪️ #COYS Tottenham Hotspur Women (@SpursWomen) May 25, 2021 ....

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Spurs Women release eleven

Spurs Women release eleven
Photo: Federico Guerra Moran via Imago
Rianna Dean, Alanna Kennedy, Gemma Davison, Lucy Quinn and Siri Worm among those leaving Spurs Women following the conclusion of their contracts.
Dean departs after three seasons after leading the line during the promotion-winning campaign and then scoring 10 times in the top flight.
Australian international Kennedy made 23 appearances and scored three goals, including the team’s Goal of the Season.
Four-time WSL winner, Davison spent two seasons with Tottenham, chalking up 37 appearances in all competitions.
Quinn also stayed for a couple of seasons, making 44 appearances, while Netherlands international Worm played 29 times. ....

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Tottenham Women 2-3 Everton: Spurs undone by two early penalties in loss to Toffees

Tottenham Women 2-3 Everton: Spurs undone by two early penalties in loss to Toffees
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Photo by Catherine Ivill/Getty Images
The sun shone on a lovely day in London as Tottenham Hotspur Women hosted Everton Women at The Hive in Edgware. The match didn’t turn out to be as positive as the weather for Tottenham, however. Tottenham were victims of two harsh penalty calls by the match official, but roared back to level the score from a 2-0 deficit. Unfortunately, they couldn’t keep Everton out and ultimately fell to the Toffees, 3-2.
The biggest change to Tottenham’s last lineup was a debut for 18-year old Spurs defender Esther Morgan, who came into the team at right back for the injured Ashleigh Neville at the expense of striker Rianna Dean. Rosella Ayane also came in, and Gemma Davison was a last-minute change for Cho So-hyun. Rachel Williams, Hannah Godfrey, Ashleigh Neville, and first choice keeper Becky Spencer all missed the match with injury. ....

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