cru Investment Management today said it has received confirmation from Capita that IFA trail fees will be paid.
It continues: “We are aware of some concerns surrounding the ongoing payment of IFA trail revenues from the suspended Arch cru Fund range.”
The statement was published on cru’s website and is signed by Anna Morgans, the operations director at cru.
Fees will be paid in their normal timeframe, cru says, and March’s payments can be expected shortly.
Longer suspension for Arch cru funds