Peter Flavel, NatWest's chief executive for private banking / Photo: Supplied
Well, what to make of the initiative by Coutts & Co to cut advice costs with a new fixed fee structure, one that takes it down nearly to those charged by the robo-advisers.
Coutts clients will now be charged for advice with two fixed fee structures; previously fees were charged as a percentage of assets under management. These will now consist of ...