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Not that, read it somewhere else. Might have been in the audio that I haven't listened to yet. As grey gym sock noted, while I saw 0.75% mentioned, that doesn't mean it's only that level that is affected, they might retain anything.
However, it is perhaps of interest that they say in the booklet sent to customers that the FCA says they can't retain any commission on commission-paying funds purchased after April. With some funds likely to charge more in clean form than commission-paying, that might make buying the fund in commission form with all commission rebated more attractive than buying the clean version. Has anyone asked them about this? And what would happen if more of an existing fund is purchased, how they would keep track of the before and after April parts?0
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