Research carried out by Square Mile has indicated investors are paying up to 16 times more than they need to for passive investments.
The investment research firm found 12% of passive assets in the IA UK All Companies sector are invested in just five funds which carry an ongoing charging fee (OCF) of more than 1%. In addition, the...
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November