Millennial Money: 'Don't hide behind complex charging structures'

Our video series continues

Hannah Godfrey
clock • 1 min read

In the latest Millennial Money episode, PA senior reporter Hannah Godfrey's guests have some strong views on the importance of price transparency in so-called 'traditional' financial advice.

For panellist and eVestor head of advisory services Hayley Millhouse, transparency of fees is a simple matter. She says if advisers are confident in their proposition there should be no need to hide behind complex charging structures.  "Anybody who is taking out a financial service or a product should be able to know what they are paying and what value they are going to get for that," she argues. "Only once you understand what it is that is being offered to you and what the cost is, can you understand what the value is." Turning the focus to attracting millennials, Nutmeg head of prod...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

The importance of female representation in wealth management

The importance of female representation in wealth management

'Representation at senior levels helps inspire the next generation of female advisers'

Amy Grace
clock 15 October 2025 • 5 min read
From youth mentor to advice: Mark Singh's journey to financial advice and empowerment

From youth mentor to advice: Mark Singh's journey to financial advice and empowerment

A passion for financial education and youth empowerment

Professional Adviser
clock 15 October 2025 • 3 min read
Autumn Budget 2025: Chancellor reconsidering cash ISA reforms

Autumn Budget 2025: Chancellor reconsidering cash ISA reforms

The updates advisers need in the run up to the Autumn Budget 2025 on 26 November

Professional Adviser
clock 15 October 2025 • 1 min read