Many people are still paying commissions to purchase investment products.
High commissions entice many investment advisors to jump into bed with the fund company offering the hottest (commission) action.
Is that cool? Nope. And some countries are banning the practice. In the United Kingdom, they’re banning such coziness. And an upstanding suitor is ready to step forward.
If you’re from Great Britain, you may want to read about Vanguard UK.