RDR

Leading investment trusts are racing to scrap performance fees as the move to clean pricing in the open-ended space puts pressure on charges.

Last week I found myself up in court, in sunny Nottingham, in front of a severe-looking judge who was donning a black cap and scowling at me. However, I can assure you it was all a bit of fun.

THE BIG INTERVIEW

Cofunds has scrapped its annual £40 fixed platform charge for clients using its explicit pricing model, following its takeover by Legal & General.

Hargreaves Lansdown has pushed back the launch of its new pricing structure - which includes the switch to super clean pricing on funds - after claiming it is under "no pressure" from rivals to act first.

Lawrence Gosling, founding editor of Investment Week, looks at what impact regulation - driven by the RDR - is going to have on the fund management industry.

Asset managers must seize the opportunity to flourish post-RDR as they implement new pricing structures, according to Artemis' new head of retail Richard Pursglove.

THE BIG INTERVIEW

Investec Asset Management has set out a marker for other fund groups on super clean after launching low-cost share classes for six of its most popular funds.

I have never met Chris Welsford, but he regularly sends me the eponymously Welsford Report.