Fees across the whole value chain of advice could amount to as little as 1.2% in five years' time, predicts Nucleus chief executive and founder David Ferguson.
He and his colleagues at Nucleus have a working hypothesis that end-clients are currently charged an average of 1.8% across the full value chain but he expects this to drop by around a third in the coming...
Five new entrants to the table
First day of trading on 15 December
'Duty of responsibility' guidance
Led by Ash Ray
Replacing Tom Hawkins