Financial advice consolidation in the UK has put private equity in control of hundreds of firms. Here's what vertical integration and hidden conflicts mean for your money.
Many people still believe that investment companies exist to help them. The reality is quite different. The fund management industry is extremely powerful, and its main priority is not your financial wellbeing. Instead of focusing on consumer outcomes, it tends to protect its profit margins. According to financial analyst LOUISE COOPER, the industry thrives on complexity and confusion. It has become skilled at making investing seem harder than it really is. Key takeaways 1. T
Robin Powell
Mar 3, 20253 min read
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