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Dennis Hall
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Dennis Hall: Why we are reducing portfolios to just one fund

If you agree with the premise that funds with high charges generally underperform those with low charges, then you must also agree a portfolio that accrues high costs will generally underperform one with lower costs. And if you accept this, the obvious conclusion is to hack away anything that increases that cost. Switching from higher-priced […]

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RBS pays £3.6bn to settle crisis-era misdeeds

The Royal Bank of Scotland will pay its first dividend since the financial crash as it has agreed to pay $4.9bn (£3.6bn) to US regulators to settle claims it misled investors. Yesterday, the US Department of Justice said the penalty is the record fine imposed on a bank for misconduct leading up to the financial […]

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Robo firm seeks to understand adviser decision-making

Robo-advice firm Wealth Wizards is to start a service that will give advisers more information about the drivers behind the advice they decide to give. The service is expected to launch in the next 12 months. The service will use the firm’s white-labelled robo-paraplanner tool Turo, which was launched in March. That service can provide […]

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