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Daily archive for January 17, 2017

Home → 2017 → January → 17th (Tuesday)

Nutmeg is dropping its fees as lower cost rivals arrive and competition heats up

On January 17, 2017   /   Fishtank, Industry moves  

Nutmeg – Britain’s best-known robo-advisor, a business that invests your money automatically – is cutting the fees it charges on your first £25,000 to just 0.75% a year (down from 0.95%). A report last year said Nutmeg only had £400m worth of people’s money invested and around 100,000 users, which might sound a

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