New rules for asset managers mean a focus on value for money is likely to be sharper than ever in 2019, writes Mike Barrett - presenting an excellent opportunity for advisers to stand out from the crowd
The question of what represents ‘value for money' in retail investments is one often debated in fine publications such as this. The author is normally indirectly attempting to defend their own fund or platform, which ‘for some reason' is perceived as expensive. The line of ‘price is what you pay, value is what you get' is trotted out and many people who are aligned with more pricey service propositions nod in agreement. Some of us may grow a bit angry and preachy but then we all move on to doing something more useful with our lives. Job done. 2019 might be a bit different though. For ...
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