Paying Fees Might Make You Richer
Yap Ming Hui, Independent Financial Advisor, Whitman
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The debate right now is whether peddlers of financial products should be paid a commission for a sale or fees for giving advice. The advocates of the fee model say that it removes conflicts from advice which in the long term is better for your financial goals.
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Tags: fees vs commissions, financial product costs, fintechs, robo-advisors, financial advisory, unit trust agents, term policies