Plus, firms announce fund fee reductions, sub-advisor changes and more
Plus, a slew of product launches, mergers and more
B.C. court finds plaintiffs furnished evidence of potential closet indexing
Proposed new investor report, cost metric not part of initial reform
Clients will receive enhanced fee disclosures beginning in 2027, as part of CRM3 — advisors should explain the changes in advance
Total cost reporting will increase fee transparency, put more onus on advisors to demonstrate their value to clients
Plus, other product launches and news, including more ESG fund terminations
Growing economic, sector, demographic challenges weighing on pensions
Structure could be more widely adopted, allowing efficiency gains
U.K. regulator consults on reforms to support fund industry innovation