Aviva launches RDR-ready share classes for range of funds

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Aviva Investors has introduced Retail Distribution Review (RDR)-ready share classes for a range of its most popular funds to cater for the needs of UK advisers and intermediaries.

The firm has introduced a complete discount on initial charges across the full range of its onshore OEIC funds for advised and direct business. It has also created additional share classes on a number of funds without a trail commission for UK advisers that deal with the business directly. These include the UK Equity Income fund, the multi-asset fund range and the Property Trust, with annual management charges between 0.75% and 1%. Institutional investors will also have access to various commission-free share classes with charges between 0.15% and 1%, which will also be available o...

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