TITLE

Gartmore proposes client-level charging

AUTHOR(S)
Salih, Chris
PUB. DATE
July 2009
SOURCE
Money Marketing;7/23/2009, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the proposal made by Gartmore PLC president Richard Pursglove in favoring agent-based accounts with clients than the adviser-charging scheme proposed by British Financial Services Authority (FSA) under its retail distribution review plans in 2009. Pursglove stresses that implementing the agent-based accounts is a solution that can address charging of every individual. He adds that he will continue to elaborate with Investment Management Association for other solutions.
ACCESSION #
44053307

 

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