PLSA responds to investment association consultation on disclosure of charges and transaction costs

The Investment Association (IA) recently published a draft disclosure framework, looking at the costs charged by asset managers to their clients. The PLSA response to the consultation sets out our support for a clear, consistent disclosure template. The response recognises that best-practice on disclosure will evolve and the most useful feedback on the IA’s template will be based on the experience of its practical application– therefore, we support swift implementation of the code, but suggest it will also require ongoing independent oversight.

 

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