7 June 2016

Do you really believe “You can’t handle the truth?"

In Monday’s Press & Journal, Carbon’s investment director, Barry O’Neill, discusses a topic that was also recently raised in parliament, the lack of transparency about investment fees from the active fund management industry.

In response to the issue being raised by MP Tom Tugendhat, Prime Minister David Cameron conceded that the lack of clarity was off-putting for investors and a barrier to saving. Mr Tugendhat claimed his investment costs were a whopping 5% a year. Barry concedes that this would be an extraordinary amount but explains that Carbon often see high fees in excess of 2.75% a year. The article explains why these costs simply don’t make sense; the investor takes all of the risks and gets very little of the rewards.

Barry’s insightful article also demonstrates just how unfair these charges are when you start to compare investment success, he cites examples that suggest the investments of active fund managers regularly perform worse than the index they are investing in, especially over the long-term.

The article is well worth a read, it does pose some serious questions about transparency, clarity and honesty. You can read the whole of Barry’s article here, or by clicking the image below.

If you would like to discuss your financial planning options, please contact us with any questions you might have. You can do this by calling our head office on 0131 220 0000, or by emailing us at or you can also follow us on Facebook, Twitter or LinkedIn.

You can view Barry O’Neill’s profile here.

P&J 6 June Money page

Sign-up for our Carbon Catch-Up Newsletter


Sign-up for our Carbon Catch-Up Newsletter.

* indicates required

Carbon Financial will use the information you provide on this form to keep in touch with you and to provide updates and marketing. Please indicate below that you are happy to receive our updates in the future:

You can change your mind at any time by clicking the unsubscribe link in the footer of any email you receive from us, or by contacting us at We will treat your information with respect. For more information about our privacy practices please visit our website. By clicking below, you agree that we may process your information in accordance with these terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

Part of The Progeny Group

Progeny is independent financial planning, investment management, tax services, property, HR and legal counsel, all in one place.

Carbon Financial Partners, part of The Progeny Group, is a trading name of Carbon Financial Partners Limited which is authorised and regulated by the Financial Conduct Authority under reference 536900.

Carbon Financial Partners Limited is registered in Scotland. Company registration number SC386400. Registered Address: 61 Manor Place, Edinburgh, EH3 7EG. Carbon Financial Partners Limited is part of The Progeny Group Limited.

© Carbon Financial Partners 2024

Client Account | Personal Finance Portal | Privacy Notice | Cookies