A simple example of our broken system is that advisors almost always
charge a higher fee on equities held in a managed account than bonds.
Your association has nothing to do with what industry members charge for their services nor can it be a means to protect those
who charge higher fees.
In fact, some credit counseling
organizations charge high fees, which they may hide, or urge their clients to make «voluntary» contributions that can cause more debt.
They earn their salaries by producing excellent investment results, not by
charging high fees while delivering mediocre returns.
They are also accused
of charging high fees for advice that leads prospective immigrants to submit fraudulent applications.
This is achieved
by charging higher fees as compared to term plans and whole life policies, which is reflected in the premiums.
Unless you happen on some sort of short - lived promotional offer, most services that enable you to pay your mortgage with a credit
card charge high fees.
However, endowment
plans charge higher fees / expenses — reflected in premiums — for paying out sum assured, along with profits, in either scenario — death or maturity.
If it is a riskier second mortgage or the applicant has no income, private lenders will
charge higher fees compared to regular bank loans.
Some disabled dating sites that
charge higher fees oftentimes conduct real - time interviews in order to ascertain the accuracy of the profiles posted to them.
Another buzz word that fund companies have been using to
charge higher fees on index funds is smart beta.
Unfortunately, joining an agency
which charges a higher fee is no guarantee that you'll get better service or that security vetting of potential clients will be carried out.
In fact, some credit counseling
organizations charge high fees, which may be hidden, or urge consumers to make «voluntary» contributions that can cause more debt.
It's important to also steer clear of 401 (k) plans that
charge high fees if you want to keep more of your money working for you.