Godfrey: Our proposals can end 20 years of confusion over fund costs

Our thinking on fund cost disclosure

The Investment Association chief executive Daniel Godfrey outlines the work the organisation is doing to ensure the cost of investment products is better disclosed to the end-consumer.

Today, the Investment Association publishes a discussion paper on investment costs. It sets out our thoughts on all the elements needed for a comprehensive disclosure regime that makes understandable all the costs that may impact investors' returns. There is lots of heated discussion about the cost of investment management. Some of it is disinformative and overemotive hyperbole. But it has certainly been the case that the industry and regulators could do a better job of explaining the costs involved in investment management, what they are for, and how to judge whether they represent valu...