EU inducement ban would be ‘disservice’ to investors, warns MEP – Ignites Europe
An influential member of the European Parliament has issued a stark warning against banning sales commissions to financial advisers, as … Continue reading EU inducement ban would be ‘disservice’ to investors, warns MEP – Ignites Europe
Assets in European clean classes ‘may have peaked’ – Ignites Europe
Growth in client assets moving to rebate-free share classes for European cross-border funds has stalled, suggesting that the impact of … Continue reading Assets in European clean classes ‘may have peaked’ – Ignites Europe
Index-tracker costs give ETFs a run for their money
Charges for traditional index-tracking funds have steadily decreased over the past four years and are in some cases lower than … Continue reading Index-tracker costs give ETFs a run for their money
Esma rejects EU-wide ban on inducements – Ignites Europe
Policymakers had been considering whether inducements for the provision of retail investment products should be banned across the EU, as … Continue reading Esma rejects EU-wide ban on inducements – Ignites Europe
Assets in pre-RDR share classes fall to £184bn – Ignites Europe
Investors in UK funds worth £184bn (€214.8bn) are still in higher-charging share classes, despite new rules introduced last year that … Continue reading Assets in pre-RDR share classes fall to £184bn – Ignites Europe
UK funds still paying IFA commissions stand at £184bn – FT
Close to £184bn of UK investor money is languishing in expensive funds that still pay commissions to financial advisers, despite … Continue reading UK funds still paying IFA commissions stand at £184bn – FT
AllianzGI explores discounts for loyal fund investors – Ignites Europe
Allianz Global Investors is weighing the merits of offering loyalty discounts to fund investors as asset managers adopt increasingly innovative … Continue reading AllianzGI explores discounts for loyal fund investors – Ignites Europe
FCA changes could fail to budge pre-RDR investors
…Old Mutual Global Investors, Legal & General, Franklin Templeton and BNY Mellon investors face the largest discounts on OCFs for … Continue reading FCA changes could fail to budge pre-RDR investors
Tim Sargisson: Hitting the trail
…Research by Fitz Partners confirms that, six years on from RDR, a third (34%) of retail assets are still held … Continue reading Tim Sargisson: Hitting the trail
Investors to get cheaper funds after watchdog action
Investors will save £1bn in fees after the City watchdog ordered asset managers to cut the costs of funds. view … Continue reading Investors to get cheaper funds after watchdog action