FundsNetwork has added an annual distribution report and consolidated commission file to its online ...
FundsNetwork has added an annual distribution report and consolidated commission file to its online management information service. The annual distribution report provides a consolidated summary of all income and interest paid on unwrapped mutual funds within the tax year, while the consolidated commission file details all initial and ongoing commission paid to the adviser in one single report. The consolidated commission file can be run daily, weekly, monthly or quarterly. The reporting tools are now available online via the platform’s Reporting Services. Rob Fisher, head of sales an...
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