Temporary suspension of cost disclosure rules is ‘breakthrough’ for investment trusts

The change in stance follows statements from the UK Treasury and FCA

The sale is expected to complete in early 2025 calendar year

More than one-third of outsourcer advisers expect to increase their use of model portfolios over the next 12 months

Luma has over $150bn in capital-market linked assets under administration

It will focus resources on two pivotal regional offices in Costa del Sol and Costa Blanca

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