M&G's Willcocks: End consumers will pay more post-RDR

Katrina Lloyd
clock

M&G global head of retail sales says industry is awash with mediocrity, which must be eradicated.

As fund groups begin to launch offerings tailored to meet adviser and client needs post-RDR, Katrina Lloyd talks to M&G managing director, global head of retail sales Jonathan Willcocks about his views on low cost funds, charging levels and the post-RDR landscape. What is M&G’s opinion on low-cost active funds? I am not a believer in the low-cost options of index plus one funds at all. I think it is a get out clause for managers. Some groups are doing it to ensure they occupy a certain space in the market place post-RDR but I think it is a flawed business decision. We fundamentally be...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

What advisers need to know as SpaceX fuels space investing interest

What advisers need to know as SpaceX fuels space investing interest

WisdomTree’s Mobeen Tahir unpacks the space economy theme

Sophia Panayi
clock 14 August 2026 • 1 min read
How markets have developed in 2026 so far

How markets have developed in 2026 so far

'Active allocation does not mean constant trading or short-term market calls'

James Flintoft
clock 12 August 2026 • 3 min read
How sustainable funds have beaten the index this year

How sustainable funds have beaten the index this year

'ESG funds benefit from access to some of the livelier parts of the market'

Ian Aylward
clock 10 August 2026 • 3 min read