Twitter tattle: What the financial world is tweeting about
This week people are talking about Cofunds launching clean share classes, the FSA consumer guide and the Paralympics
Top tweets from the week and what the adviser community has been debating and discussing.
Cofunds announced it would add 1,700 clean share classes from 85 fund managers to its platform when it released its unbundled pricing model.
Clearly defining chargeable parts of value chain makes it easier to explain fees to investors.
@Stephen_WJ Very well put Stephen. Vital that investors know what they’re paying for, why and how they benefit.
Meanwhile, with about four months to go before the onset of the RDR, the FSA released a consumer guide outlining how people will be affected when they seek financial advice and how their dealings with advisers will change. Some advisers took the time to say it will be business as usual for their firms.
FSA publishes consumer guide on advice changes. Towergate Financial is ready for these changes; is your Adviser?
Financial Advice is changing according to the FSA. (We have been working this way for years!)
Finally, following the resounding success that were the London Olympic Games, many people have been anticipating the start of the Paralympic Games and 11 more days of excitement. With the opening ceremony held on the evening of 29 August, here is what some people had to say about it.
Paralympics here. May they go as smoothly as the Olympics. Good luck to them all. Would be nice if they get same weather as Olympics too.
Inspiring stories on BBC Breakfast this morning on Stoke Mandeville origins of Paralympics & of Iraqi orchestra *we don’t know our luck*.
Found out why its called Paralympics - because it is the games that now run parallel to Olympics - used to be at different time of year.