John Bennett: Assessing the complex concept of 'value'
Value is in the eye of the beholder

John Bennett: "But cost is not the only concern for investors and for the regulator. Value is increasingly being called into question across the industry too."
Financial advisers occupy a unique and powerful position in the value chain, writes John Bennett. Here he explores the concept of 'value' and says pricing disruption looks a dead-on certainty
The Retail Distribution Review was the starting gun in reducing costs for investors, and MiFID II has had a profound impact on cost transparency. Nowadays, we have full, multi-level cash disclosure,...
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