Darius McDermott: It's time to change the message on fees and charges

Which way will new IA chief executive Chris Cummings lean?

The investment industry has made much progress improving the transparency of its charging structure, says FundCalibre managing director Darius McDermott, but there is still work to do to convince consumers of the value of its services.

As an industry, finance has not always been on the front foot when it comes to change and the constant tinkering with regulations by various governments has made it even harder to keep up. FCA backs away from fund charge cap in competition study Our client base is incredibly diverse and we must try to cater for everyone from digitally-savvy youth to busy families to the more traditional retirees. With new chief executive Chris Cummings stepping up to the plate at the Investment Association (IA) last week, is it time for a bit of a fresh take in the fund space? A key area of focus s...