An advice firm has launched an online service focused on delivering affordable advice on ethical investments.
Bromige Financial's expertEthical website is powered by Parmenion and will provide advice exclusively on ethical investments. The company said it wants to make specialist advice on ethical products more affordable for consumers. It will not charge an initial advice fee. Instead clients will face a 0.25% charge from Parmenion and ongoing fees of 0.5% for the advice, plus 0.36% for the discretionary fund management and a 0.3% platform charge. In addition, underlying fund charges are around 0.7%. The funds offered by the service will include L&G, Alliance Trust and Standard Life. I...
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