“‘Unprecedented’ £60m paid to Jupiter fund manager duo”

Jan 31, 2022 | Financial Services

This must fall firmly into the ‘nice work if you can get it’ category in anyone’s book. There was an unsurprising follow-up trade-press story, ‘Jupiter reviews fees after fund managers pocket £60m’.  I should think so too! We should be bothered if we are at all concerned about the image of our industry, as in public perception these will be seen as just more ‘bankers’ bonuses’. It’s another reason to think that nothing has changed in the ten years since the crash. Can this really be justified? It’s not as if they’re Premiership footballers, for goodness sake…

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“Advisers fearful of further compliance and regulation”

“Advisers fearful of further compliance and regulation”

We know, of course we know, that regulation is, or at least should be a ‘good thing’. If those who need or should seek advice can be confident that they’ll be told the right thing, that someone has looked at those ’too good to be true’ investments before they’re allowed to take your money; or, in the case of a Woodford, while they’re raking it in to make sure it’s going where it’s supposed to.