Fund buyers have called for more transparency on passive fund costs not contained within the ongoing charges figure (OCF) - even as a price war cuts headline fees to record low levels.
The price war involving both exchange-traded fund (ETF) providers and index funds was restarted again last week when Legal & General Investment Management (LGIM) cut fees on a swathe of its tracker products....
IA sectors – help or hindrance?
Despite multiple complaints
Annuity market worth £4bn in 2017
For ‘distress’ caused