Moving the goalposts

Kean, Tom
May 2009
Money Marketing;5/28/2009, p31
In this article the author discusses the reputation of the financial services in managing the finance industry in Great Britain. He analyzes that the preference to fees over commission is inefficient because some of the bigger wealth management firms have imposed double charging on its fees. He believes that implementing fees for their services is another method of collecting commissions which defeats the purpose of the fee method.


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