How are we different?
The one thing every investor can control is their costs. Most of our customer research has shown that people don’t know how much of their money they will lose because of what seemed like a small fee amount. Paying an extra 1% of fees every year will likely reduce your investment goals over 30 years by 30-40% - this is caused by compounding cost of fees.
Want to see an example?
Imagine you had a pension account with £50,000. If you reduced the fees on that pension by 1% today, say from 1.5% to 0.5%, and then that pension grew 5% per year over 30 years, you would earn an extra £71,000 in cash at the end of those 30 years. In other words, by choosing not to lower your fees in this scenario you would lose >40% of the GAINS your money should make.
This example doesn’t even take into account extra costs, such as trading commissions, foreign exchange and interest, or factor in any further contributions you will likely make over time.
This example is for illustrative purposes only and is not a projection of future potential returns. Actual costs you will pay at other providers may differ.