FT Adviser – “War of words flares up as IMA unveils fee plans”

“The spat between the IMA and the founders of City asset manager SCM Private escalated again last week, after the trade body published fee disclosure guidance for member firms.

In a guidance document the IMA told its members to display a transaction cost figure on their websites – the first time the IMA has pushed for these costs to be prominently reprinted, having previously resisted calls for such action…”

Read the full article on the FT Adviser website.

Posted By: True and Fair, 11:46 am

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