The Association of Unit Trusts and Investments Funds is calling on the financial services industr...
The Association of Unit Trusts and Investments Funds is calling on the financial services industry to provide greater transparency of investor costs and past performance disclosure, in a bid to provide investors with a clearer view of the investment risks. Speaking at the association's AGM, outgoing chairman Alan Ainsworth, expressed a need for greater industry transparency and addressed three main issues, which he believes would lead to improvements in investor understanding and confidence. Among other things, said Ainsworth, there is a need for a clear regulatory definition of inves...
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