David White, head of Fidelity FundsNetwork, gives Professional Adviser the inside story on why the supermarket decided to publish fund manager rebates.
Without doubt one of the hottest topics in recent times in the platform industry has been the subject of fees and charges. Much has been written on the subject and in particular the alleged non-transparency of platforms, particularly those that operate bundled pricing regimes. Transparency is one of those things that you can never have too much of, so further improvement is often possible, but in my view, some of the criticism is misguided because the industry as a whole is clearly and demonstrably moving in the right direction. Regulation, notably in the form of the RDR, but also via...
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