Three things your clients may call you about this week ...

High transaction costs

clock • 2 min read

Expensive tracker funds, pension freedoms six years on and Premium Bonds - here's our weekly heads-up of articles in the weekend newspapers that may have caught your clients' attention...

Revealed: £54bn in ‘cheap' tracker funds charge double the headline fee Volatile markets in recent times have led to a surge in transaction costs in tracker funds and has thus led investors, writes The Telegraph, to paying up to five times the advertised rate for their passive vehicles.  Those additional transaction costs have seen savers part with an extra £54bn in fees, the newspaper says, although it does not mention whether this is just for UK investors or if the figure pertains to any particular timeframe. However, it reports that funds tracking the British stock markets have ...

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