Virgin Money is set to cut the fee on its controversially priced £2.7bn FTSE All-Share Tracker fund which has been heavily criticised by buyers for some time, reports suggest.
Telegraph Money reports that the fund's 1% fee will be reduced to 0.6% from Friday 25 January. Though the fee is still high compared to many FTSE trackers out in the market, it does include the cost...
Achievements, charity work and other happy snippets
'A win for advisers'
Unconstrained multi-asset fund managed by Talib Sheikh
Who made the cut?
Transferring out of DB scheme