ruthiebusybee
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- ruthiebusybee
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Comments
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@Gustavo_Fring no, ex-poste. Giving them the RIY and true cost of charges annually. For ex-ante, we run provider quotes and the quotes give us the RIY after 20 years for example. We use that figure in recommendations.
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@benjaminfabi I've attached the calcs, I am using actual data. I've got monetary actual charges and worked back to %, and in some cases (EIS/VCTs) where only a % is given it's been "best endeavours". Until provider statements are available, is e…
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Thanks @benjaminfabi I've got a spreadsheet set up that does that, but only in very simple form, using the whole year as 1 period and assuming all fees were taken at once, so start value and end value giving growth, and then fees, with growth add…
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No, we don't at hte moment @arongunningham , I'll take a look. I've got a very simple formula set up now, and testing it, on the investments that have gone down over the period though, it obviously has a lower RIY than the actual charges, which l…
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@Hnew I'm not sure we're okay to rely just on what providers are sending out - they aren't yet issuing them, the only one we've had so far is from Blackfinch, and we were told off by our external compliance for not having been issuing these reports…
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I usually ring up and omit to mention what capacity I'm calling in, and they are more forthcoming with such information. They still get a good proportion of their fees from fund charges................how is that still going on?
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@arongunningham - yeah that was my initial though too, just on a quick bit of mental math, but the adviser wants a bit more analysis and then the client can decide what level of penalty he would feel 'comfortable' with, in order to benefit from our …
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Great, thank you @richallum !
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That's brilliant - thank you Benjamin!
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Hey all, a bit late saying Hi - sorry! I've been in FS for over, er, 17 years, and paraplanning to one extent or another for around 10 of those. I work for a lovely true financial planning firm in West Oxfordshire, looking out over the fields. L…
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Having done a fair bit of research on these recently, we're seriously considering Adviser Asset's offering. It doesn't try to be anything other than a switching tool, and is priced as such. Lovely and clean to look at without all the additional bel…
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Aha - done it!
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I can't get this to work or see where I should be clicking - does this work in Citrix?
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Brilliant - thank you so much!
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Thank you all. I've come to the conclusion that there is no better alternative to FE, and for the charging comparisons I hadn't even considered a spreadsheet - extremely good point raised. Thanks again!