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Charging
Rathbone Unit Trust Management is to launch RDR-ready 'institutional' share classes across its fund range from 1 March.
A campaign designed to tackle what it sees as opaque charging structures in the UK investment management industry was launched today by boutique wealth manager SCM Private.
The Financial Services Authority (FSA) has confirmed it will press ahead with the ban on commission, despite suggestions European Commission proposals could hamper, or even put an end to, its plans.
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It’s not difficult to imagine what your typical retail fund investor might say if asked whether he or she believes they are being charged fairly (especially if you know this person reads the Sunday papers).
Professional Adviser speaks to M&G managing director and global head of retail sales, Jonathan Willcocks, about his views on low cost funds and charging levels.
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