Results of the latest Incisive Buzz survey
The latest research from Incisive Buzz asks advisers whether they welcome the FSA's decision to change the TER (Total Expense Ratios/Total Investment Cost) rules? Those who stated yes commented: • As long as the calculation method is identically applied by everyone. • A guarded yes, but not sure investors will ever know the true cost. • Some clients want full cost details, some don't care and they confuse others. • Total must mean total. • May help produce a level playing field. • The new rules will make things clearer. • Anything that makes charges more transparent is welcome...
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