Passive strategies in the UK have seen their fees cut more than active products across most asset classes since the implementation of the RDR, though fixed income ETFs have lagged, according to Morningstar research.
The report, entitled The Effects of the Retail Distribution Review on Fund Fees in the UK, found passive funds saw their fees fall on average by 28% since the Retail Distribution Review (RDR) was introduced...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till