Morningstar's inaugural UK Mind the Gap study into the effects of behaviour on investment returns has found the average investor's returns are lower than the reported returns on a fund.
The Mind the Gap study compares the reported total returns of open-end investment funds with the money-weighted returns that represent the average investor experience over the five-year period to 31 December...
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November