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Cost campaigner assembles panel to tackle fund manager fees

Fund managers will be reasonably well-represented on the FCA panel due to agree how they will disclose their fees

Cost campaigner assembles panel to tackle fund manager fees

Experts from Standard Life Aberdeen, AllianceBernstein and AON Hewitt will sit on a panel convened by transparency campaigner Chris Sier, to hammer out agreement with UK regulators on fund managers' fees.

The Financial Conduct Authority said in August it would appoint Sier to lead the group, whose job is to come up with a standardised costs "template" — addressing concerns that even professional, institutional investors can struggle with the array of fees charged.

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