Pressure on fund fees
Article Abstract:
UK investors' commission payments to financial advisers amy influence the advice given and affect fun charge levels. Independent advisers are likely to recommend funds paying them good levels. The UK Personal Investment Authority has delayed a target date for advisers to disclose commission to investors. This will come into force in summer 1996 rather than Jan 1995 as previously planned. Investors should be wary until disclosure is in force. Fund managers are having to pay renewal commissions to ensure that advisers recommend their products.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Out of the Halifax
Article Abstract:
UK investors can use cash unit trusts as an alternative to building society savings accounts. Risks are a little higher for cash unit trusts, but so are returns. Cash unit trusts are used more elsewhere in Europe, and are also common in Australia and the US. This is due to habits of UK investors, rather than the drawbacks or benefit of cash unit trusts, some analysts argue. Rates of return for cash unit trusts tend to be better using historical data than short term data for 1995.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
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