As we’ve mentioned before, the new requirement for total cost disclosure (or MRCC3) could change the way your clients view the management fees associated with their investments.
Although it won’t be until January 2027 that they receive the new version of their annual investment statement, we thought it would be helpful to make this information available now on the company’s website.
The page provides a simple and reassuring explanation of the key points of the new requirement and the resulting changes to the year-end statement. We put the emphasis on the fact that there are no new fees, and that the value of their advisor goes far beyond just returns.
Note: We have opted for a passive communication strategy. As a result, we will not engage in any direct marketing to clients.
For you: Updated content in the Advisor Centre
We’ve made some changes and added more details to the section Understanding the different segregated fund fees to reflect how this information is explained to clients on the webpage. We’ve also added screenshots of the new annual statement. To view the updates, click here:
