If you invest in funds through an investment platform or fund supermarket, how much will you be charged?
There are some big changes if you invest in investment funds through a platform or ‘fund supermarket’ as it’s sometimes called. Investment funds have been told they can’t pay advisers or fund supermarkets a commission for introducing clients (a commission that was actually paid by the customer from the money they invested). So investment platforms are changing their charges. Will you pay more or less?
Clean funds explained: what are clean share classes or clean funds?
Investment platforms are being forced to change the way they charge for their investments and introduce so-called clean funds.
The way you will be charged for buying investments is changing and, in theory at least, it should make the pricing more straightforward. The changes are being forced on the investment industry by the regulator, the Financial Conduct Authority. The changes mean that investors will no longer be charged a commission, which is a payment made by fund managers to a fund investment platform or broker for introducing the client to them. How will the new charges work?
SavvyWoman’s first investment event – key messages
What should savvy women do if they want to invest their money?
Yesterday it was SavvyWoman’s first investment event. It was a fantastic afternoon with interesting talks about the current economy and what that means for investors, how putting together a portfolio should be part of a bigger plan, how you don’t have to be an expert to pick shares in individual companies, why income is such an important part of your overall investment return and how charges can really add up. Here are some of my thoughts…