Investment fees and charges

This article was first published on 8th June Annual Management Charge (‘AMC’) The AMC is the fee taken by the manager of your fund or unit trust. It is expressed as a percentage of the value of the fund, calculated daily and deducted automatically from the...

The cost of advice

It is clear from comments I have received from members of the OpenRetirementClub, that the service provided by the financial advisory industry is very variable. Fees and costs also vary widely. On the one hand, a member told me “I have just got a bill from my...