28 March 2012

Do you really need a 'lifestyle' offering from your banker?

Reading about Barclays' lifestyle offering for 'high net worth clients' one has to wonder if that is what will restore confidence among investors that suffered from a difficult and unrewarding investment climate during the past 10+ years. Would it not be better to concentrate on producing the best possible performance for the client's portfolios and save the money (and possibly reducing fees accordingly?)