Vanguard's new advice proposition, HMRC tax deadlines and economic recovery - here's our weekly heads-up of articles in the weekend newspapers that may have caught your clients' attention...
Financial advisers are putting your money in tracker funds - so why are you paying them? Financial advisers are facing pressure to justify their fees after putting customers' money into tracker funds run by Vanguard, or at least that is what this article in The Telegraph says. Vanguard, which launched its own advice service earlier this month, runs £42bn of funds in Britain and, according to Chartered financial planner Claire Walsh, it would not be unheard of for advisers to place 100% of a client's money into those funds. But Walsh says people tend to be loyal to their advisers: "Peo...
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