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Topics: Fidelity FundsNetwork
Fidelity FundsNetwork has confirmed it will offer unbundled charges from Q1 2012.
The move follows the platform's decision to disclose its fund manager fees from this month, as it looks to prove its pricing policy is free from commercial bias.
Details of the fees it receives from fund management groups for each share class of fund available, in addition to information on its pricing policy, are freely available on its website.
Fidelity head of commercial Ed Dymott (pictured) said last month FundsNetwork saw no reason to delay such disclosures until after 2012.
"We want to reassure our customers our pricing policy has a standard approach with no commercial bias," he said. "We aim to treat and present all fund groups in the same way."
More to follow....
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