People respond to incentives. Ad valorem fees provide incentives, but are they the best ones? Does the new GPIF fee model create better incentives? And how can the power of incentives be used to benefit the end saver?
Tim Hodgson, head of the Thinking Ahead Group, recently discussed the above at the Institute’s Thinking Ahead Breakfast seminar on 2 October. This video is a shortened version of his presentation and discusses compensation in the investment industry.