Who is the ACD and why do they matter to retail investors?

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If you are investing in a pension or hold a stocks and shares ISA the likelihood is at least some of your money is invested in the OEIC fund, the most common form of collective investment available. We should know this but within that legal structure, are we all clear on who the ACD is? In fact, do we know what the ACD does and what they are responsible for? The ACD is the Authorised Corporate Director, whose primary role is to give oversight to the running of the fund on behalf of the underlying investors. In many cases this…

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Through our award winning training and consultancy partnership FSTP LLP we hope to become a trusted provider of services to client firms across Financial Services. Specialties: Training and consultancy, project and interim management from regulatory issues through to management development and board services. Chartered Member of the Chartered Institute of Securities & Investment

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