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Active vs Passive investment

dbrookf · 2024-10-31 19:38:44

Our Financial advisor has offered us a change from an active investment we have via them (2.32% cost) to one that they have set up themselves but passive (1.38% cost). Thinking it is a no brainer to change to this, but anyone advise pros and cons? We are in our late 60s and this is our pension fund.

Comments

dbrookf Posts: 658 Forumite

1 November 2024 at 3:20PM

IvanOpinion said:

If you are moving to index trackers why not just do it yourself.
There are various index trackers available that you could easily select yourself - most people have their own favourites. You would then only need to pay the fund costs and platform costs.

Do you use your FA/IFA for any additional advice? Using an advisor to just set up a tracker is not good value.

Use IFA for various advice yes.

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