Three things your clients may call you about this week …

What made financial headlines over the weekend?

clock • 3 min read

Hidden fund fees; misleading funeral cover claims; and the £202m lost to pension fraudsters  - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

Revealed: fund shops that hide away their fees The requirement for fund groups to set out the cost of investing as a single percentage figure, as well as in pounds and pence, may have kicked in a year ago, courtesy of the second iteration of the Markets in Financial Instruments Directive, yet according to this Sunday Times piece some firms are refusing to disclose their full charges until after customers have signed up. Additionally, it claims, firms have interpreted the rules differently, making it still more difficult for customers to understand the charges. While the article highlig...

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

Hitting milestones later in life could impact when people seek advice

Hitting milestones later in life could impact when people seek advice

People will likely be seeking financial advice later

Laura Suter
clock 19 April 2024 • 3 min read
Regulatory pressures taking a toll on industry stress levels

Regulatory pressures taking a toll on industry stress levels

'Regulatory pressures are the first thing on my mind’

Sahar Nazir
clock 19 April 2024 • 1 min read
Advisers blast FCA funding requirement of £755m 'inexorable'

Advisers blast FCA funding requirement of £755m 'inexorable'

‘I don’t really know what value I’m getting from the FCA – if any’

Hope Coumbe
clock 19 April 2024 • 2 min read