It’s not a wealth tax. It’s a wealth multiplier.

Informed Choice Radio Personal Finance Podcast - A podcast by Martin Bamford

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An obsession with the cost of advice is denying investors access to the value of advice. When influential commentators position ongoing adviser fees as a ‘wealth tax’, they ignore the significant level of value added by the provision of good advice and planning. In this episode, why the wealth tax is really a wealth multiplier, and how financial advice adds 3% a year to the size of your portfolio.