28 - We Need To Talk About Fees

TRAP: The Real Adviser Podcast

In this latest pile of TRAP, the Trap Pack discuss

• Topical issues, including being present and putting our your work, DB transfer factory fines, the complete lack of understanding some peeps have about what it is we do (REAL financial advice)
• Meat and Potatoes: We Need To Talk About Fees
• Questions posted by our beloved TRAPists Jez Heal and Philip Dragoumis
• Culture Corner

Links referred to in the show:

• CW: The Man in the Arena https://youtu.be/A311CnTjfos?si=IQ9JrKPngQkpjp9T
• AS - apparent lack of understanding of lifetime financial planning https://x.com/paulclaireaux/status/1690241891009208320?s=46&t=sRHfdIQon2TfFJRFg7K23w
• AS - who says crime doesn’t pay! https://citywire.com/new-model-adviser/news/fca-fines-ifas-1-3m-over-seriously-flawed-db-transfer-advice/a2424881
• NL: Nice TRAP write-up on the Nucleus wrap website: https://illuminate.nucleusfinancial.com/blog/secrets-top-podcast-stubborn-buggers-decent-egos-loyal-audience?utm_content=262626143&utm_medium=social&utm_source=twitter&hss_channel=tw-107047128
• AS: TRAPist Tom Kenny referencing AbeBooks to access Nick Murray books: https://www.abebooks.com/
• AH - following on from AS point - https://www.phynancial.co.uk/
• AH - Painkiller - White collar drug dealers - Netflix https://www.netflix.com/gb/title/81095069 - Dopesick
• AS BBC Sounds- The Wolf of Crypto - https://www.bbc.co.uk/sounds/play/m001p6v6
• NL A Long Time In Finance Podcast: The Nine Lives of Credit Suisse: Part One https://pca.st/yfirtyk0
• CW: Ben Carlson - A Wealth of Common Sense https://awealthofcommonsense.com/2023/09/the-60-40-portfolio-is-alive-well/

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