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The use of multi-manager funds by financial advisers has been hit by criticisms, but advisers say fund of funds can be cost-effective and beneficial for the client.
See on www.fundweb.co.uk
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Pension funds are doing more to cause climate change than prevent it, writes Louise Rouse (Pensions funds trustees following ‘lemming standard’ and not performing real fiduciary responsibility http://t.co/alb17gb1ME...
See on www.theguardian.com
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A humble suggestion for trustees of the Dallas Police and Fire Pension System: First, act accountable.
See on bizbeatblog.dallasnews.com
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With financial advisers’ rates at around £150 an hour, why not try some do-it-yourself investing? Merryn Somerset Webb writes for Saga Magazine and Saga online.
I can understand how a former broker might have a jaundiced view of the advisory community (don’t worry, I’m not confusing the two). But it’s very easy for someone with an Edinburgh townhouse to advise ordinary consumers to opt for DIY investments. Who will pick up the pieces when they piss it all away through uninformed choices or execution only financial abbatoirs?
See on www.saga.co.uk
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In a scathing attack, the Daily Mail has today branded some financial advisers ‘lazy’ and ‘bone idle for use of fund of funds.
See on www.investoo.co.uk
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US public pensions eke out investment returns as gains slow
Reuters
WASHINGTON (Reuters) – Financial improvements for U.S.
See on www.reuters.com
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