IA proposes 'meaningful' shake-up of fund fee disclosure
The Investment Association (IA) has proposed a new method of presenting portfolio turnover rates, and called for transaction fees to be separated from fixed costs, as part of a push for more comprehensive fund fee disclosure.
In a discussion paper, Meaningful Disclosure of Costs and Charges, the IA has outlined a framework to ensure groups are consistent and clear on the disclosure of funds' implicit and explicit charges...
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