Advisers want greater transparency from investment managers on fees and charges and are willing to pay more money for consistent performance, research carried out by Liontrust has found.
Some 43 of 100 advisers surveyed did not believe investment partners were transparent enough in relation to fees and charges. Of those questioned, 41 advisers felt they paid too much for the returns generated by investment partners, while the majority (91%) said they would be willing to pay more for consistent performance. The same number (91%) of advisers said value for money was important when selecting an outsourced investment partner. The most popular (73%) determinant for value for money among respondents was the return for the best price. Elsewhere, the research found four-fi...
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