Lloyd Expert Consultancy Ltd

The current FCA category guidelines for ‘at least’ seven areas as according to COLL 6.6.21R,

1. Quality of service
2. Performance
3. AFM costs – General
4. Economies of scale
5. Comparable market rates
6. Comparable services
7. Classes of units

Following an initial round of assessments by a number of ACDs and managers has identified some shortcomings in capturing all the elements to provide a value for money assessment.

There are a number of additional areas and categories that have been identified whilst carrying out this process which must be considered in order to appreciate and recognise the value managers are adding to the funds in which they manager...

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