Alistair Wilson: What you need to know about ex-post disclosure rules

The reforms will require distributors -  so platforms and advisers - to provide an annual breakdown summary of the actual costs and charges a client has incurred over the last 12 months. The new regulation is aimed at helping clients to evaluate the true cost of investing and whether the solution they are in remains the right one for them. Platforms will need to provide a personalised and aggregated view of all the actual costs and charges incurred - at least annually - and illustrate the effect of those charges on investment returns. Advisers will need to do likewise where the firm has ...