Is the tide finally turning for fund fees?

New transparency rules to be introduced

Fund fees are a constant topic of debate. This month they have once again been thrust under the spotlight as the regulator sharpens its pencil on tackling performance fees.

This month they have once again been thrust under the spotlight as the regulator sharpens its pencil on tackling performance fees. Meanwhile, the latest Spot the Dog report from Bestinvest revealed underperforming funds are estimated to be securing fund groups £537m in annual fees from investors. Earlier this month, the Financial Conduct Authority (FCA) published new rules and guidance on disclosure for asset managers on the back of the 2017 Asset Management Market Study (AMMS). The regulatory body found that fund charges are not always visible to retail investors and, when they we...