Fund managers will be scored and ranked by companies they own, under new plans to improve investor engagement.
Fund groups are preparing for a price war in the first quarter of next year as they overhaul their charging structures ahead of RDR.
The unbundling of platform charges will result in greater price competition between fund providers, the Financial Services Authority (FSA) said today.
The Financial Services Authority (FSA) is delaying implementation of its platform fund reporting requirements by one year due to "operational issues" which have recently come to light.
FundsNetwork has fired a warning shot to fund managers, saying any "special deals" struck up with rival platforms will be revealed under the transparency principles underpinning Retail Distribution Review (RDR).
Fund managers looking to offer clean share classes could find it "cheaper" and "simpler" to adapt existing institutional share classes as opposed to developing new ones, Deloitte has suggested.
It's our round-up of the stories your clients may have read in the national newspapers over the weekend...
Charges on a government-backed UK infrastructure vehicle owned and run by UK pension funds will be capped at 0.5%, the Treasury has confirmed.