A recently released study by the OSC has concluded that many investors receive very little advice for the fees that they pay to investment advisors
Many investors receive little advice for fees, Ontario Securities Commission (OSC) survey finds.
Conquer the fear of Self Directed Investing & save up to 45% on Mutual Fund Fees
Many Canadian Mutual Funds have a "series" of exactly the same funds for sale through discount online brokers, and at fees (Management Expense Ratio or MER) about a full 1 per cent lower than what they charge when the same fund is bought through banks or commissioned brokers or advisers.
89% of Managed Mutual Funds are ripping off investors
Over a ten year period, 89% underperformed their comparative index.
Three Strategies to improve after tax investment returns
Three simple strategies can have an enormous impact on your investment returns. I call them FTD - Fees, Taxes and Diversification.
‘I feel duped’: Why bank employees with impressive but misleading titles could cost you big time.
Most financial professionals in Canada are licensed as salespeople with no fiduciary duty to clients. Most bank "Advisors" (not the same as Financial Advisers believe it or not) are basically salespeople with little training who are rewarded for selling over priced bank mutual funds.
