2012: 10 years of Corporate Adviser

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“The pension funds won’t allow managers to raise their charges above a certain point. The pension fund knows they are paying for the research and the quid pro quo is that the fee is not high. It is the same cost. If managers were to pay for research out of their P&L, they would have to put up their clients’ fees. This would be a difficult negotiation to have with clients.” Investment Management Association senior adviser, investment and markets Liz Rae

CA Firm of the Year: Thomsons Online Benefits

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