The investment industry and investor advocates have differing points of view as to what regulators should do concerning mutual fund fees
The regulators have been considering several reforms and will communicate a policy direction on mutual fund fees by the first half of 2016
Research shows that mutual funds with higher embedded commissions drive sales and that advisors are sometimes biased in favour of these products
Removal of commissions boosts sales of no-load products
Investor advocates unhappy with delay of research results on the impact of fees on fund sales
Advocis responds to CCPA report on mutual fund fees
CCPA calls on policy makers to cap or ban trailer fees
Regulator wants to crunch data for study on the effect of commissions on sales. But few companies have co-operated
FCA research finds little evidence reforms caused advice gap