Blog: FSA must monitor IFA 'inactivity' post-RDR

A lot has been written about fund management fees recently, particularly with regard to the impact of the Retail Distribution Review. This comes into effect at the end of 2012 and will thereafter prevent advisers (IFAs, wealth managers and private client stockbrokers) from obtaining payment of part of the egregious upfront fees of up to 5% of the sum invested charged by many fund managers and/or 'trail' commission paid from the annual charges levied by managers. From 2012, advisers will need to obtain payment via advisory fees charged direct to the clients, which may prove somewhat ha...