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Nici Audhlam-Gardiner, Managing Director of Saga Investment Services, commented: "Saga welcomes the FCA's initial proposals for greater transparency and all-in-fees on funds which will provide much needed clarity. Our research shows that the complexity of fees may be putting people off investing their hard-earned money so the move to make fees clearer may encourage more people to invest their money and make their cash work harder for them."

ENDS