The overall charges paid by retail investors in the UK every year remain above 2.5% on average, having only fallen by one tenth since the Retail Distribution Review (RDR), according to a research.
Research from Grant Thornton, first published in the Financial Times, revealed a retail investor purchasing advice and investment products from a single mass market fund group pays on average 2.56% in...
Took office yesterday
Simon Evan-Cook to leave business later this month
UK-domiciled equity funds add £24.2bn
Schroders latest research re-opens the price/value debate. Advisers are reporting potential clients do not recognise the need for advice and are not prepared to pay much for it. Can an FCA paper assist?
'Old economy' will not return to previous highs
Plus online scams
Regulator 'follows not leads'
6.4% of over 80s saving for end of life needs
Maximum 30% of redress
Staff can come in if they wish