Financial News Roundup

560 315 Peter Deane

The financial news this week centred around the financial advice gap – get the latest and find out what we think with our news roundup!

This is Money: The multi-billion pound question: With Woodford under pressure to refund clients… are fund fees a rip-off?

financial roundup

Fund supermarkets are facing troubling questions over ‘complex and destructive’ fees that let them cream off as much as £1 billion from your investments every year.

Read the full article here.

Business Insider: Here’s exactly why it’s so important to hire a fee-only financial adviser

financial roundup

If you’re in the market for honest, no-holds-barred money advice, there’s at least one question you can ask to weed out unfitting financial advisers: Do you earn a commission?

Read the full article here.

Employee benefits: Almost nine in 10 employers feel responsibility to provide financial wellbeing

financial roundup

Almost 88% HR and benefit professionals have stated that it is their responsibility to provide support to employees on financial wellbeing, according to research by Smarterly.

Read the full article here.

We publish financial news roundup at the end of every week, so watch this space. If you would like to find out more about LowerMyCharges or how to switch your adviser, please contact us directly.

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