Darius McDermott: It's time to change the message on fees and charges

Which way will new IA chief executive Chris Cummings lean?

clock • 3 min read

The investment industry has made much progress improving the transparency of its charging structure, says Darius McDermott, but there is still work to do to convince consumers of the value of its services

As an industry, finance has not always been on the front foot when it comes to change and the constant tinkering with regulations by various governments has made it even harder to keep up. Our client base is incredibly diverse and we must try to cater for everyone from digitally-savvy youth to busy families to the more traditional retirees. With new chief executive Chris Cummings stepping up to the plate at the Investment Association (IA) last week, is it time for a bit of a fresh take in the fund space? A key area of focus since the Retail Distribution Review (RDR) has of course been...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Darius McDermott: Asia's broadening investment story

Darius McDermott: Asia's broadening investment story

Fund managers have a dilemma

Darius McDermott
clock 21 October 2026 • 5 min read
China's historic move away from coal shows why investors need to keep digging

China's historic move away from coal shows why investors need to keep digging

'A key challenge for investors is to identify the pockets of genuine innovation'

Xin-Yao Ng
clock 19 October 2026 • 4 min read
Investors yet to stuff ISA allowances as government plays down spectacle despite 'tough' Budget

Investors yet to stuff ISA allowances as government plays down spectacle despite 'tough' Budget

Platform activity stable

Jack Roach
clock 19 October 2026 • 4 min read