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...

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