New investment rules fail to reveal some hidden fees

Investment

When CRM2 rules came into effect this Summer, many investors breathed a sigh of relief. The changes force money managers to be more clear about things like how your investments are performing and what kinds of fees you’re paying.

But… They still don’t show everything. All kinds of things that you’re paying for can continue to be hidden from your statements. That means you have to ask about them. The onus remains on the investor.

Some experts worry that the new rules may lull people into a false sense of security, meaning they may think they have the whole picture… when they don’t. Check out the whole story I wrote for CBC News here.

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