Tilney Bestinvest (now Evelyn partners)…
Tilney Bestinvest (now Evelyn partners) is a very expensive option for expat investors. Buying this product in the UK, is completely different to buying it as an expat from Infinity Financial Solutions. Many expats buy into the plans thinking they are getting a UK-regulated solution when that isn't the case. Just because the funds are regulated in the UK, doesn't mean the expat platforms are also regulated. Regulation though is the smaller issue compared to cost. In sum then, it is ironic that Tilney Bestinvest (now Evelyn Partners) does a "spot the dog" feature, where they mention the worse performing funds. The recent stock market declines and volatility is a good warning to potential investors. Despite being told that diversified funds would reduce the volatility during bad times, even if they don't beat the market long-term, Tilney's funds haven't beaten a diversified portfolio of index and bond funds. Perhaps one day they could mention some of their own funds in the spot of the dog commentary!