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MAM Funds to launch non-trail share class in RDR move

MAM Funds is launching a new non-trail share class across its fund range in preparation for the RDR.

The new range will launch in mid-March and will see a 1 per cent non-trail ‘N’ share class introduced for the group’s range of Ucits funds.

The new share class will be available on all platforms post-RDR, as well as directly. The existing retail share class will continue for legacy business.

MAM Funds head of business development Neil Bridge says: “These are important changes as we prepare for the introduction of the RDR, and provide investors and distributors with new options to access our funds post RDR implementation.”



IMA: The myth of excessive fund charges

The fund management industry has been under attack recently over charges. There’s nothing wrong with that – as an industry we should be able to answer any accusations levelled against us. What is wrong, however, is the way in which the campaign against the industry has been built up around a series of myths that […]

Code aims to tackle sellers’ failings

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Case study: administration — implementing a management log

Our client is a leading video game and publishing company best known for its console role-playing game franchises. The client provides a number of benefits, at varying levels and cost that attract a P11d liability. With the absence of a management log to track data for benefit movements, enormous administrative and therefore cost implications were occurring each year just to comply with P11d reporting requirements.


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