Wealth and Asset Management
Wealth exit fees on FCA radar
The Financial Conduct Authority (FCA) has expressed concern on exit fees levied on wealth services, according to the Sunday Times. The regulator’s worry, which also extends to fund supermarkets, comes amid concerns of the thousands of pounds investors are being asked to fork out to change the wealth provider. The…
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Click here to read the full story: On a £500,000 portfolio this would equate to £30,000