Comission to IFA of those funds:

THENOX

Hello,

I would like to know whether these funds:

Aviva International Index Tracker Inst Class 2 (Acc)
iShares FTSE EPRA / NAREIT Global Property Yield (IWDP)
Legal & General UK Index Trust Cls I (Acc)

Pay any commision to IFA for choosing them?

Can you tell or direct me somwhere where I will be able to find out?

THX,

THE NOX

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The Whole Population of Stocks...

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yelf

If you are going through an IFA he needs paying. Regardless of whcih funds he chooses. And all funds will have an inital charge that covers the advice.

So if you are worried that he has chosen those funds based on commission - I very much doubt it.

If that concerns you - get out your cheque book and pay the guy a fee.

THENOX

yelf wrote: »

If you are going through an IFA he needs paying. Regardless of whcih funds he chooses. And all funds will have an inital charge that covers the advice.

Thanks for your answer ,

I'm on a fee only agreement , had a bit of a shift in portfolio towards vehicles with lower TER's but am wondering whether they (even by accident :eek:) are associated with a commision :mad:.

Just to follow it up: so now it is about refunding the commision paid by IFA: does those two funds do that ?


THX,

THE NOX

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Pacific Rim...

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turbobob

I doubt the institutional class units would pay much (if anything) in the way of commission. For example I have units in a fund which is in institutional units (I class). Its actively managed but has an annual management charge of 0.75% and no initial charges. The retail version of the same fund charges IIRC around 1.25%. Theres not much scope there for paying renewal commission, in my opinion. I'm unsure of whether there would be any renewal commission payable on an ETF. The initial costs with an ETF (slippage, dealing costs etc) are unavoidable, as far as I know.

Aegis

£30 to £100 per hour? Lowest I've seen advertised to date was £150 per hour. Do you have a link to any IFAs with a £30 per hour charge, I'd like to go to them for my critical illness cover so I can keep the commission!

THENOX

Hello,

Regarding my financial adviser: I am absolutely delighted with them :j (being only the happy customer ) but he specialises only in asset management and moreover in passive asset management , he takes 1% of my portfolio (which should be minimum 50k in total) from the side account that I fuel with money not to sell portions of investment itself. I remember I had discussion with you about: asciv vs passiv investing and you were strongly towards active :eek:, so if nothing has changed don't think you might be interested . But if last year's "market turmoil" changed sth :rolleyes: -just let me know

THE NOX

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Ron Ross, The Unbeatable Market: Taking the Indexing Path to Financial Peace of Mind...

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