Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

He’s had no advice in three years on his mutual fund investment Add to ...

Subscribers Only

There’s chatter in the investment industry that new rules requiring better disclosure of advice fees and portfolio returns have been a non-event with investors.

That’s wrong. In the 18 years I’ve been personal finance columnist at The Globe and Mail, I have never received as many queries from readers about fees and advice. Now that they know what they’re paying in dollars and cents to their advisory firms, investors are taking a more critical look at the advice they’re receiving. A good example is this comment from a reader: “I have approximately $80,000 in a registered mutual fund at one of the Big Five banks for which I have not received any advice for over three years.”

Report Typo/Error

Follow on Twitter: @rcarrick

Next story

loading

Trending

loading

Most popular videos »

More from The Globe and Mail

Most popular