RDR share classes: Which fund groups are ready?

A large number of fund groups have now revealed their plans to launch new share classes with commission and platform fees stripped out ahead of RDR. From the biggest groups to the smallest, asset managers have all been assessing their propositions ahead of the rule change at the end of the year. Schroders Schroders has launched a low-cost share class for its entire UK-domiciled unit trust range. The move means the group now offers shares with an AMC of 0.75%, alongside its retail share class which has a 1.5% AMC. Rathbones The group has created an ‘i-class’ range of shares whic...