More than two thirds of investment companies (excluding VCTs) now have discount control mechanisms (DCMs) in place, compared to about 40% five years ago, but some industry commentators believe further action should be taken as no trust should be "sitting...
Trust experts speaking at AIC conference
Also flags enhancement to RDR reforms
First time it was most popular sector
AIC Global and Global Equity Income sectors
Regulation tailored to the UK specifically
Welcomed by the AIC
More than 30% of investment companies have made changes to their fee structures since the implementation of the Retail Distribution Review (RDR) at the start of 2013, but sector commentators say more still needs to be done to "level the playing field"...