IMA: groups should agree cost disclosure stance by year end

clock

Investment Management Association (IMA) chief executive Daniel Godfrey says there is "no reason" why fund groups should not be able to agree a methodology for displaying costs more transparently by the end of 2013.

When I posted my last blog suggesting a new way of explaining costs and performance to our clients in simple, once-and-done, pounds and pence figures, I wanted to get feedback. I have not been disappointed! I wanted to stimulate other ideas and identify any potential problems. I wanted to be able to judge how controversial or impractical these proposals were so that we could decide how best to take them forwards. In the event, the response has been overwhelmingly positive. I have received some practical questions related to how we might deal with the way some managers protect fu...

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

Adapting portfolios for a more fragile world

Adapting portfolios for a more fragile world

'Europe remains especially exposed given its reliance on imported energy'

Jeremy Ocansey
clock 20 April 2026 • 3 min read
Vanguard to launch first-time investor service through targeted support

Vanguard to launch first-time investor service through targeted support

Received FCA permission

Jen Frost
clock 20 April 2026 • 2 min read
A very old saying with a very modern problem: Exploring behavioural biases

A very old saying with a very modern problem: Exploring behavioural biases

'If only the calendar could tell us when to take risk and when to retreat'

Ian Jensen-Humphreys
clock 16 April 2026 • 4 min read