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Nov 1, 2023
Unlocking Value In Your Investments
Do you know how much you pay in investment fees? A FAIR Canada survey showed most investors don't have a solid grasp of the fees they pay. A staggering 77% were concerned they were paying too much. Only 28% felt very confident they understood them, whereas 63% reported not understanding them.
These results are consistent with other research. In a test of retail investors' financial literacy, the Ontario Securities Commission found that people scored lowest in their knowledge of...