Ep 378 - Investment trust biases, Vanguard Lifestrategy downside & new Consumer Duty rules

Damien Fahy of moneytothemasses.com talks to Andy Leeks about money. On this week's podcast Damien talks about the biases that exist with investment trusts and how they differ from unit trusts. Damien also explains the downside of Vanguard's LifeStrategy funds and why they have struggled in recent months.   Finally, Damien and Andy talk about the new Consumer Duty, a package of reforms designed to improve how financial firms serve their consumers   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show. Interactive Investor analysis - Investment Trusts vs Funds FCA sets out 'Consumer Duty' rules