AIC's Sayers: What's good for the goose…

What’s good for the goose…

Advisers who hold investment companies in their own portfolios but do not recommend them to their clients should think again, writes Ian Sayers.

Imagine you went into your favourite restaurant. You went there first as a business client, but now you have to pay for it yourself. It seems a bit pricey but you think you get what you pay for. You turn up early and catch the chef finishing off the most fabulous looking dessert before prepping for lunch. After your main course, you ask for whatever the chef was having. ‘I'm sorry' comes the reply, ‘but the chef doesn't think his customers would really appreciate it, and to be honest it takes him a bit more time to make it'. I don't suppose you would be all that impressed. And yet I h...