‘Contingent charging’ means that you only pay your adviser if you take his advice. The argument is that they’ll tell you to transfer your final salary pension whatever happens to earn a hefty fee. MPs say they’ve ‘found no evidence that contingent charging does not lead to bad advice’, so it should be banned. I’m no politician (really) but doesn’t that mean they’ve found no evidence that it does? It’s a principle that could be extended exponentially: ‘We’ve found no evidence that trying to get re-elected does not lead MPs to promise the earth and not deliver…’
“Platforms call for UK government to resist launching ‘retrograde’ British ISAs”
There is a school of thought which might say that, should you wish to revive and encourage investment in the UK Stockmarket, a starting point might be the reversal of Brexit.
