One year on: How has Old Mutual's WealthSelect fared?

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Launched in a blaze of publicity last February, Old Mutual Wealth (OMW) set out its WealthSelect proposition as a rival to traditional discretionary fund management services.

A report from the lang cat consultancy comparing WealthSelect charges with those of other discretionary model portfolios, commissioned by OMW, found the WealthSelect portfolios' 66-83bps total cost of...

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