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Gerard Lyons, chief economic strategist at Netwealth, has called for FTSE Russell to show some flexibility and allow Unilever to remain in the FTSE 100."
Charlotte Ransom the chief executive of Netwealth, an investment service, says: “This is further evidence that, across many financial services, consumers are failing to get a fair deal."
Ransom’s aim is to make investing as painless and transparent as possible."
Charlotte Ransom, chief executive of Netwealth, said given advances in technology, there is no reason why investors should not be able to access their portfolios in order to see how much they are paying for wealth management services."
Online wealth manager Netwealth offers a "hybrid" service, which allows customers to choose between going it alone or getting advice on a one-off or ongoing basis"
Bonham Carter will sit on the board alongside MoneyWeek editor-in-chief Merryn Somerset Webb, who has also recently been appointed…"
One firm, Netwealth, goes a step further by allowing friends and families to club together to cut fees."
Netwealth’s Charlotte Ransom said investors should use the rules as an opportunity to push their managers on fees."
