Investment Trust fees continue to be slashed as RDR forces down costs


#1

Eighteen months in to RDR and investment trusts are being pressurised to cut costs, at a time when the sector is growing strongly with increased inves
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#2

The effect on trusts has been amazing but unexpected. It’s one of the positive consequences of RDR. Who would have thought that banning commission would have done this.

People really underestimate the effect that fees have on their profits because although 1% doesn’t sound much when a trust is making an 8% return then 1% is 12% of your profits.