UK

CP176 and the delicate issue of unbundling

Jamie Stewart is the Head of Institutional Marketing and Independent Research at Eden Group, the financial services group. http://www.edengroup.com/

In 2001, Paul Myners responded to a Treasury mandate to report on the cost and payments structures embedded in fund management - notably with regards to funds ultimately owned by retail investors with interests in pensions, savings plans and life policies, amongst other collective investment vehicles – by lifting the lid on traditions, procedures and practicalities which had developed over many years of financial market practice and change.