RDR

RESTRICTED OR DIE?

Investors looking to purchase consistently outperforming funds may end up paying more to do so in future, Jupiter's CIO John Chatfeild-Roberts has said.

The 'elitist' Retail Distribution Review (RDR) should be delayed to avoid the destruction of the financial advice industry, according to Lord Flight.

Investment trust providers are coming under pressure to reduce annual management charges after being undercut in certain sectors of the market by OEICs and unit trusts.

Fund groups are preparing for a price war in the first quarter of next year as they overhaul their charging structures ahead of RDR.

The Association of Investment Companies has joined Morningstar in urging investment companies to fully disclose portfolio holdings so they can compete with open-ended funds in a post-RDR environment.

Providers will scramble to buy distribution ahead of the Retail Distribution Review (RDR) and will buy up IFA businesses "left, right and centre", delegates at this year's Institute of Financial Planning (IFP) conference heard today.

RDR

LEADER

Our top ten best read stories this week included warnings about outsourcing and the power of distributors post-RDR, as well as a more light-hearted look at Crispin Odey's very happy chickens. What did you miss?