27 Nov 2017, 3:42pm


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  • RDR

    Short for the Retail Distribution Review. Before the 31st December 2012 OEICs and funds often came in a bewildering range of different classes. For any given fund there were different charges for the various classes, and the different charges allowed financial advisers and fund platforms to conceal hidden kickbacks/commission. These were wrapped up in the fund charges and then passed under the table to the platform/advisers.

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