One third of retail assets invested in UK funds are held in pre-Retail Distribution Review (RDR) share classes that pay rebates to financial advisers, research from Fitz Partners has found.
When RDR was introduced in 2013 more than 70% of UK retail assets were held in 'fully loaded' share classes. This proportion has fallen steadily by around 10 percentage points every year. According...
Ceremony will take place 13 November
300 organisations signed charter
Tough year for the sector
Targeting annual yield of 4%