Squeezing asset managers will lower quality in DC

The DC charge cap could push out good quality managers and products, says Stephanie Baxter

Stephanie Baxter
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The April charge cap could push out good quality managers and products, writes Stephanie Baxter.

Making decent profits in the defined contribution (DC) world of low fees, scale and passive solutions is going to be tough for asset managers. The 0.75% charge cap coming into place this April is a...

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