TITLE

Wrap margins are starting to widen for IFAs

AUTHOR(S)
Pow, Helen
PUB. DATE
September 2009
SOURCE
Money Marketing;9/3/2009, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the new data made by Nucleus Financial Group which states that advisers are already taking a big share of the wrap margin as compared to asset managers in Great Britain. It mentions that a breakdown of the firm's annual charges showed that 0.74% of the charge goes to financial advices while only 0.5% is allocated to asset management. It affirms that the trend could pressure active managers to perform well in the market.
ACCESSION #
44384118

 

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