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Money Observer - Investors face a fund charges conundrum

What has become clear following RDR is that a large number of different parties receive payments from investment funds. The traditional charging structure on funds was ‘bundled’ so a single annual management charge (AMC) was deducted by the fund company to pay the cost of managing the investments, platform services and the annual commission payment to a financial adviser.

 

Helen Pridham

Money Observer

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