The Investment Management Association has proposed a way fund managers should present a single, clear "pounds and pence" figure for all annual costs in their funds.
Speaking at a Knowledge Transfer Network conference IMA chief executive Daniel Godfrey said the step was necessary to respond to criticism that the industry was "ripping consumers off". Godfrey ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders