Since the beginning of 2013, consumers have had to pay for financial advice. This followed the introduction of new rules by the government as a result of the Retail Distribution Review (RDR). Other rules were also introduced at the same time, such as minimum qualifications for advisers. […]
Guide Category: Fees
Investment charges and fund costs
You will have to pay various charges and costs whatever type of investment you buy. For example, if you invest directly in shares of a company such as Unilever, you will have to pay dealing costs and stamp duty. If you buy open-ended funds, investment trusts or ETFs, there will be several layers of costs to pay. Some are more explicit than others. […]
Platform fees explained
Nowadays most investors buy, sell and hold funds through platforms. These are websites where you can access different companies’ funds and other types of investments and set up Individual Savings Accounts (ISAs) and Self Invested Personal Pensions (Sipps) and then to monitor all your holdings going forward in one place. […]