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Legg Mason: UK investors not prepared to pay going rate for advice

Wealthy UK investors are prepared to pay a maximum of £110 an hour for financial advice, a Legg Mason survey shows, 26 per cent less than the average fee charged by advisers in 2014. According to Legg Mason, the cost of advice can range from £75 to £250 per hour, with one poll by unbiased.co.uk […]

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Asking prices fell pre-election but up 2.5% annually

Asking prices dipped in the run-up to the election but are up 2.5 per cent annually. Research by online estate agent Rightmove shows the average UK asking price was £285,891 in May, down 0.1 per cent from £286,133 in April. However, asking prices were up 2.5 per cent year-on-year from around £278,900 in April 2014. […]

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