Shaughnessy: Bundled pricing still has place in market

Bundled pricing is more cost effective for the vast majority of clients, according to Fidelity's Gary Shaughnessy.

Fidelity's managing director of UK retail was speaking at the Fidelity FundsNetwork Investment Forum in London today. Despite the FSA's current preference for unbundled pricing, Shaughnessy says bundled still has a place in market and FundsNetwork still plans to offer it unless told otherwise by regulator. Shaughnessy also announced 'significant investment' in the platform, adding Fidelity was also looking to add ETFs, investment trusts and decumulation products. He claimed to be pleased with progress of platform re-registration. Fidelity has been working closely with TISA (Tax Inc...