‘Reckoning’ to come for fund management fees
Centralised investment propositions have become an increasingly common part of advice businesses, with around four fifths of all firms running some form of centralised service.They can determine the efficiency of a firm, sometimes cause regulatory headaches and will likely be a big part of what helps bring down the cost of advice going forward. So, what does the future hold for CIPs?The latest FTAdviser Podcast sees reporter Imogen Tew examine how the pressure advisers are exerting on the value chain through their CIPs will lead to a "reckoning" on fund management fees.She is joined by Mark…
The skinny
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