Darius McDermott: It's time to change the message on fees and charges

Which way will new IA chief executive Chris Cummings lean?

clock • 3 min read

The investment industry has made much progress improving the transparency of its charging structure, says Darius McDermott, but there is still work to do to convince consumers of the value of its services

As an industry, finance has not always been on the front foot when it comes to change and the constant tinkering with regulations by various governments has made it even harder to keep up. Our client base is incredibly diverse and we must try to cater for everyone from digitally-savvy youth to busy families to the more traditional retirees. With new chief executive Chris Cummings stepping up to the plate at the Investment Association (IA) last week, is it time for a bit of a fresh take in the fund space? A key area of focus since the Retail Distribution Review (RDR) has of course been...

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