View more on these topics

Schroders moves away from dual pricing

Schroders is to change the pricing structure on several of its Schroder Unit Trust funds, moving away from dual pricing.

The firm will make the change from 17 September, when pricing will be based on a single mid-market price.

UK Intermediary co-head James Rainbow says: “Switching to single pricing will provide greater simplicity for investors. The change also brings the fund in line with the rest of Schroders’ UK fund range, which already operates, on a single pricing basis.”

Schroders is to meet the costs related to changing the pricing policy.

Vanguard introduced swing pricing in September last year, abandoning the dilution levy model, while Jupiter introduced it to their unit trust range in January.

Affected funds include:

  • Schroder Absolute Return Bond fund
  • Schroder Asian Income fund
  • Schroder European Smaller Companies fund
  • Schroder European Alpha Plus fund
  • Schroder Gilt and Fixed Interest fund
  • Schroder Global Emerging Markets fund
  • Schroder Global Healthcare fund
  • Schorder High yield Opportunities fund
  • Schroder Income fund
  • Schroder Income Maximiser fund
  • Schroder Managed Wealth portfolio
  • Schroder Recovery fund
  • Schroder Tokyo fund
  • Schroder UK Alpha Plus fund
  • Schroder UK Equity fund
  • Schroder UK Mid 250 fund
  • Schroder UK Smaller Companies fund
  • Schroder US Mid Cap fund
  • Schroder US Smaller Companies fund

Recommended

5

FCA hits out at ‘spurious complexity’ in platform charges

FCA director of competition Mary Starks has described instances of “spurious complexity” in platform charging in the wake of the regulator’s review of the market this morning. Speaking to Money Marketing, Starks notes findings that, particularly on the direct to consumer side, platforms can levy between 15 and 35 different fees in total, and use […]

Pensions-savings-retirement-piggy bank
1

MPs call for collective defined contribution pensions

MPs have encouraged the government to seek innovation and the “great potential gains” of collective defined contribution pension schemes, a report published this morning by the work and pensions committee says. The committee says the schemes, which are already highly successful in Denmark and the Netherlands, offer advantages of a middle ground between defined benefit […]

2

FCA mulls exit fee ban for platform switches

The FCA is considering banning exit fees for switching platforms. In its platform market study, released this morning, the FCA says it may also issue further guidance on how advisers should charge for platform switches after finding that the process and the costs involved can often be lengthy, preventing clients from getting the best deal […]

Flurry of FCA activity to impact mortgage advisers

Regulator unveils proposed directory of senior financial services professionals, publishes fees for 2018/19 and approves new tech-based mortgage firms. The Financial Conduct Authority published a raft of reports, consultations and policy initiatives over the past month and many will have a direct impact on the mortgage sector. Recently, the FCA has put forward plans to […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com