ANALYSIS: Even a 1% total annual fee is a big deal for anyone with an interest in the residual assets.
ANALYSIS: Bottom line was that it was no longer okay to sit around drinking cups of tea and being polite with their co-trustees.
ANALYSIS: A reminder that trustees can be personally liable for breaching their duty to invest prudently, diversely.
ANALYSIS: A trustee should be more cautious and take less risk than if the trustee were investing for him/herself.
ANALYSIS: What were the big reasons for the poor performance of this particular portfolio relative to the benchmark?
ANALYSIS: To what extent, if any, do DIMS managers deviate from best practice as regards portfolio management by directing clients’ assets to their own fund management businesses?
ANALYSIS: There can be good reasons to trust your adviser to make portfolio decisions on your behalf. But you can’t totally avoid responsibility.
ANALYSIS: In investment plans, advisers need to clearly differentiate between safe income and income from realised capital gains so clients are aware of risks.
ANALYSIS: When financial advisers match clients to appropriate asset allocation via risk profiling, reality affected by several complicating variables.
ANALYSIS: How the fund management industry has responded to retail investors’ love affair with yield.