Dear Clients and Readers – this scenario below is an everyday happening. The Middleman (person?) is a very important part of everyday life as they do the jobs that you do not want to or can not do. BUT if they do not add value and do what you need then they do not deserve to be paid!!
Happy hunting for good service – Graeme Scott
AN investor is irritated that he has to keep paying fees to an intermediary who didn’t give him advice. How can he get out of it? A Fin24 user writes: When I left my job about 10 years ago, I moved my pension into a preservation fund via a broker. I didn’t really receive advice from the broker at the time as I had my own ideas on where to invest the money. I receive regular statements from the company managing my preservation fund and there are always two sets of fees: intermediary or advisory fees and a platform service charge.
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