As the deadline to RDR draws ever closer, Legal & General Investments managing director Simon Ellis talks to Kyle Caldwell about plans to expand the group's multi-asset suite and the inevitable rise of outsourcing.
M&G global head of retail sales says industry is awash with mediocrity, which must be eradicated.
A UK ban on the payment of commission from providers to advisers who sell its products can go ahead unchanged and unhindered, the European Commission (EC) has said, quashing concerns a Europe-wide directive could scupper the requirements.
Investors could be faced with a plethora of fund charging models post-RDR as well as higher overall costs and ‘premium' prices for a top tier of better performing funds or specialist mandates.
Industry leaders have warned the upcoming FATCA regulations from the US are "as big as RDR" and could cost the UK hundreds of millions of pounds.
Rathbone Unit Trust Management (RUTM) is planning to launch clean, low-cost share classes priced at 0.75% AMC across its fund range next year.
Fund of funds head Bambos Hambi outlines his ambitious plans for Standard Life Investments' multi-manager range.
Schroders is to launch a range of Z share classes across its UK fund range next month which do not pay trail commission.
Ian Sayers, director general of the Association of Investment Companies (AIC), believes as Skandia, FundsNetwork and Cofunds move towards unbundled pricing models, investment trusts move one step closer to competing on a level playing field with OEICs....