A mini-series on charges
Mark Polson has been talking to Emma Wall at Morningstar on fund fees and the pension charge cap. As part of Morningstar’s ongoing ‘ask the expert’ video series. Your browser does not support HTML5 video. What are fund fees? What does the pension charge cap mean for you?
Let the tweaking commence
See, they all bang on about ‘it’s not price, it’s value?‘ and all that kind of thing, and then the tweaking starts. The latest tweak isn’t from a platform; it’s from a DFM. Brooks Mac, a highly respectable and well-supported DFM is cutting the charge for its model portfolios from an average of 60bps inc […]
Cold towels and coffee
I spent most of this morning attempting to read and absorb the FCA’s PS14/9 Review of the client assets regime for investment business: Feedback to CP13/5 and final rules. I say attempting because, at 410 pages long and packed with the kind of industry jargon that makes you want to run screaming from the room, […]
Cold towels and coffee
I spent most of this morning attempting to read and absorb the FCA’s PS14/9 Review of the client assets regime for investment business: Feedback to CP13/5 and final rules. I say attempting because, at 410 pages long and packed with the kind of industry jargon that makes you want to run screaming from the room, […]
Time flies
The brain is a weird thing; it sometimes gets you to care about things you shouldn’t. We launch our new website today, hope you like it and all that, and it’s obviously all very exciting for us. Less so for you. Three and a half years ago or so, when setting up the lang cat, […]
More pension changes
Catchy title. Just a short update to confirm a couple of, you guessed it, changes to on-platform pensions. Following Fundnetwork’s recent removal of drawdown charges and then changes to the Cofunds Pension Account, next up with the moves are Parmenion and Ascentric. First up, we’ll look at the platform arm of Royal London Mutual. Ascentric, […]
Woodford: The Fees – Part The Second
(apologies for nicking Mark L’s headline. Maniac dictator’s privilege) So as you read this, there will be excitement, feigned or otherwise, about who is or isn’t getting Mr Woodford’s Famous Enormous ‘SUPERCLEAN’Â Discount. It’s certain now that our favourite Bristolians with the big direct marketing bill get the Z class at 0.65% with a taxable 5bps […]
I can’t see the Woodford: The fees!
Here at the lang cat port authority we’ve been receiving quite a few questions on the much hyped forthcoming Woodford fund launch. What’s the cheapest platform on which investors can access the fund? Who’s secured superclean terms? If a provider doesn’t secure preferential terms, does it really matter? Our answer, rather disappointingly I imagine, is: […]
Disclosure despair: breaking the cycle
Today (13 May 2014) The FCA published the outcome of a thematic review into how fund charges are presented to customers. I encourage you to read it here. It’s only 13 pages long, including the covers and all that, and is clearly and concisely written. They had to, really! In common with the issue of […]
Disclosure despair: breaking the cycle
Today (13 May 2014) The FCA published the outcome of a thematic review into how fund charges are presented to customers. I encourage you to read it here. It’s only 13 pages long, including the covers and all that, and is clearly and concisely written. They had to, really! In common with the issue of […]
