Trail cash shelved in cru fund valuation quandary

Stodell, Hannah
August 2009
Money Marketing;8/6/2009, p10
The article focuses on the announcement of Capita Financial Managers to suspend trail commission to advisers who have clients invested in the 400 million pounds Arch cru fund range in Great Britain. It states that all charges from investors in the fund range and trail commissions to independent financial advisers (IFA) are being debarred. Chris Addenbrooke, chief executive officer (CEO) of Capita, stresses that they will be prioritising the investors.


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