Y TREE's analysis of 550 portfolios found that 84 per cent of wealth managers underperformed in 2025. Wealth management underperformance cost investors up to a third of their expected returns — and most don't even know it's happening.
The reason why so many people receive poor financial advice is the same reason why so many of us overpay for car repairs. Simply put, we lack the basic knowledge to distinguish good advice from bad. A phrase we keep reading is the “advice gap”. And I get it. It’s a big problem I’ve written about many times. Only a tiny fraction of the UK population receives financial advice. The Retail Distribution Review, for all the good it has done, has only widened the gap further, as
Robin Powell
Nov 13, 20244 min read
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