FundNetwork presses for bundled charging

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Fidelity FundsNetwork has resumed lobbying for bundled charging post-Retail Distribution Review (RDR), after releasing research showing 65% of advisers want the option to remain.

A survey of 209 advisers on the platform said their opinion was driven by clients, who found bundled charges easier to understand. They also argued bundled funds were easier to use. Klare Baldwin, head of marketing for FundsNetwork said: "With platforms launching or having already launched their unbundled pricing models, it is quite interesting to find that a large proportion of advisers are happy to remain in a bundled world. "Advisers are telling us that they are wary of the hidden costs of unbundling and the research only reemphasises that they want pricing that is simple, transpar...

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