Asset managers are regaining the initiative

Originally published at: https://whichinvestmenttrust.com/asset-managers-are-regaining-the-initiative/

The Platform’s Research Director Richard Bradley has been looking in to the future role of asset management in the UK. Pre-RDR, much of the ‘power’ in the market was held by asset managers: they charged the fees and remunerated advisers/platforms via rebates/commission. The RDR flipped this on its head. Now it is the advisers who…