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. ...
Acquisition completed earlier this month.
Changes to take place by next year
Launched 18 November
Investment Association to create new labels