Neville James has introduced a more flexible commission menu for its investment funds. Intermediarie...
Neville James has introduced a more flexible commission menu for its investment funds. Intermediaries will be able to determine the structure of their remuneration package allowing them to choose flexible commission or fees. The company, which was taken over recently by the Australian company Challenger Group, offers a Zero Preference Fund and advisers will be able to take a commission of between 0% and 4% and will receive a trail commission of up to 0.5%. For the Secure Capital Growth Fund the upfront commission will be up to 4% if a commission trail is taken and between 0% and 5% if it...
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