L&G fee cut: Latest skirmish in the index fund price war?

Jackson, Gary
April 2013
Fundweb;4/9/2013, p20
Trade Publication
The article discusses the likelihood that more passive fund providers in Great Britain will reduce fees to remain competitive after financial services firm Legal and General (L&G) reduced its annual management charges (AMC) by up to 25 percent. It mentions L&G's lowering of the AMCs on its tracker fund ranges and single country and regional index funds. A projected increase in demand for passive funds due to the shift to fee-based advice is also addressed.


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