Consumers should be given TERs - Chartwell

clock

IFA firm Chartwell has kicked off a campaign to push for disclosure of total expense ratios rather than annual management charges which the firm believes to do reflect the charges investors incur.

In contrast to a media campaign by the Investment Management Association and some investment houses which suggests TERs are confusing, Chartwell Investment Managementsays use of the AMC on its own is detrimental to consumers’ understanding of investment charges as only the TER allows them to know exactly what they are paying. Its decision to push for the use of TERs now by investment providers follows FSA proposals requiring collective investment scheme prospectuses include TERs from 2008.Rather than suggest the use of TERs is confusing to consumers, Chartwell accuses lobbying groups of ...

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

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

Making technology work better

Katrina Lloyd
clock 03 July 2025 • 9 min read
IFAs look to boost clients' private markets exposure

IFAs look to boost clients' private markets exposure

Expect increase in stock market volatility

Jen Frost
clock 02 July 2025 • 2 min read
Winds of change: Private markets access for retail investors

Winds of change: Private markets access for retail investors

Investing in LTAFs, accessibility aside, needs careful consideration

Dorian Hughes
clock 02 July 2025 • 5 min read