Can providers justify increase in their annual charges?

With all the emphasis on reducing costs and charges in the fund industry, why are we currently seein...

With all the emphasis on reducing costs and charges in the fund industry, why are we currently seeing more and more groups increasing annual charges on funds? The rationale behind recent increases in annual charges for income funds from Credit Suisse and Threadneedle, to name two, is they are simply adopting the industry norm. This is true as far as it goes, but unlikely to impress investors in mediocre products. In most cases, the price hikes at the annual fee level equates to significant increases for investors. Based on a starting investment of £10,000, a 1.25% annual fee on the Thread...