RDR

River and Mercantile, the long-only specialist boutique, has joined a host of larger fund groups launching low-cost share classes ahead of RDR after unveiling shares with commission stripped out.

BIG INTERVIEW

The Financial Services Authority (FSA) will allow advisers to continue to take trail commission after 2012 on fund switches within life policies set up pre-RDR.

M&G Investments is considering launching both a 0.75% and a 1% AMC share class as it positions its fund range ahead of the Retail Distribution Review (RDR).

GOSLING'S GROUSE

CONTRARIAN

Discussions around what the post-RDR landscape will look like have tended to focus on cost and share classes but what of fund choice in 2013 and beyond? How many funds will remain in existence and how many providers?

Investment trusts have substantially outperformed unit trusts and OEICs over the past decade, according to research.

M&G tops both retail sales lists as investors seek out bond funds, while BlackRock's active and passive vehicles also prove popular.

Guinness Asset Management has launched a new share class across its fund range, becoming the latest firm to gear up for RDR with the launch of a ‘clean fee' structure.