Divisions emerge on post-2012 fund charging

Fund groups are working on developing pricing structures for their ranges to meet requirements post-2012. However, divisions are opening up between providers and platforms on how best to meet investors’ demands. Momentum is also building behind a sliding charging structure for funds based on performance, with higher alpha products priced at a premium, leading to greater differentiation between funds. Many industry experts already forecast costs will increase for consumers post-RDR. They say the traditional total annual management charge of 1.5% will be scrapped and overall charges may...