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Public Trust works with FMA on new managed fund fees assessment trial

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a woman working at a computer

In April 2021, the Financial Markets Authority (FMA) published guidance aimed at helping licenced fund managers ensure that their fees are reasonable, and also that those services represent good value for money.

Public Trust, in conjunction with other members of the Corporate Trustees Association (CTA) (previously known as TCA - Trustee Corporations Association), is working with the FMA on how the guidance should be uniformly applied to the schemes they supervise.

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