Anonymous
Posted on 22 Dec 2020
Currently have a savings plan with IFAST at $200 per month that has been going for 2 years. P&L according to their website says +$500. Realised I have paid $66 in wrap fee to the platform which is 0.4% deducted quarterly. My advisor has not been in contact with me since i started the plan so I feel like I am paying the fees for nothing? Should I consider changing to something like Stashaway for lower annual fees and more transparency? Thanks in advance to anyone who answers
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Jesslyn
Posted on 22 Dec 2020
Based on your sharing , yes time to disolve the plan and move on . High fees plus poor service is a no go, might As well go through a robo advisor
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Question Poster
23 Dec 2020
Thanks for answering! Hopefully I can navigate through this and get back on track for my investing journey.
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