I do a lot of training for IFAs – here are somethings that they wish they could tell their clients: – If you can find all the answers on the net, please ask that website to get you a printout of your portfolio when you want, why should I call the fund house? – It […]
Today we will se how the other (vociferous!) distributors will react: These are the smaller distributors who were getting 2% (atleast) to about 4% as marketing fee. However this money was coming from the client – and many clients did not know about it. However many distributors were giving all their ‘income’ back to the […]
Risk to a great extent is counter-intutive! When the index was 3000 (circa 2002) I would meet bank Relationship Managers and IFAs (Independent Financial Analysts) who would tell me “Sir, I only sell debt funds. They are so secure, and you know last year gilt funds yielded 19% p.a!”. I would gently probe and say […]