In the last story for 2023 we looked at a paper by James Mahaney entitled Quantifying The Long Term Impact Of Assets Under Management Fees On Retiree Income And Inheritances. His analysis concluded that, on average, every 1% in annual fees results in a 15% reduction in income and a 23% reduction in
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).