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...
To aid regulatory reporting
Has run Cautious Managed fund since 2011
Expected in next few weeks