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. ...
Has been cold-calling consumers
New shares admitted to London Stock Exchange
Slow and steady growth
Missed funding target by £240,000
Denies any wrongdoing