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Independent Financial Advisers fees vs Novice Investor!

Janeybo · 2011-11-20 19:46:21

Hello I've sought advice from an Independent Financial Adviser re. Stocks & Shares ISA's. Last year we invested the full allowance for myself and my husband. We paid 3% commission to the IFA (plus annual renewal fee), plus the Fund Managers fees. This came direct from the amount we invested i.e. we weren't invoiced for the…

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gadgetmind Posts: 11,130 Forumite

4 December 2011 at 1:31PM

Ark_Welder wrote: »

Merely agreeing with the sentiments previously expressed, which are that the minority could be right. You appear to be implying 'the majority' to mean 'index tracker investors'.

I've completely lost track of what I'm implying.

I do however feel that the majority like to know how their investments are performing and will therefore check against various benchmarks.

Of course, those investing in trackers will find this fairly easy and should never get a nasty shock,

I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
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