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