Apparently 6 million of the unadvised would be willing to pay for financial advice if they thought the price was ‘fair’. Trouble is, one man, woman or gender-unassigned person’s ‘fair’ is another’s ‘do me a favour, mate!’ Is ‘for free’ fair? Apparently not, as yet another ‘robot adviser’, Moola (me neither) has gone out of business this week. Is the £500 for ‘investors willing to receive advice digitally or over the ‘phone’ fair? I’d say not, as Dr Google is just as easy and free. And you need a lot of £500s to build a viable business…
“What could the next General Election mean for UK equities?”
How worried should we be about a change (by which, read, to Labour) of government? Well, one person’s change for the better is another’s worst nightmare, of course, but let’s try to look at this with the dispassion of the markets and money persons.