A joint initiative between Financial Express and the IMA to provide free online fund listings is ready to take advantage of new FSA rules
From April fund prices no longer require publication in a national newspaper and a free service – an online fund listings – will be available at www.fundlistings.com and through the new IMA website.
The service enables fund management groups to fulfil their obligations under the new rules, which make it possible for them to publish their prices in the most appropriate manner.
The service provides the latest daily fund price information for more than 38,000 UK unit trusts and OEICs, life insurance funds, pension funds, FSA recognised offshore funds and other offshore funds.
Financial Express managing director Michael Holland says: “As the fund sectors main data and technology provider, Financial Express is well placed to drive daily fund prices online with the IMA.”
IMA chief executive Richard Saunders says: “Fund prices are a vital part of the investing process. The service offered by Financial Express and IMA is an easy to use one-stop shop for price and performance data and is an interactive and welcome alternative to newspapers.”