So what did clients say when you told them about your new RDR-inspired charging structure? Did anyone bat an eyelid?
For many advisers, the ‘fees' conversations they once had with clients are a distant memory. But for others, changes introduced by the Retail Distribution Review (RDR) meant many had to restructure their models and tell their clients all about adviser charging. So, how did clients react to the news? Anthony Badaloo, principal, Church Hill Finance "Many product providers are facilitating adviser charging, but some clients can't get their heads around the concept of writing a cheque for advice that doesn't lead to a product. Three of my clients have said: ‘there's no way I can pay for t...
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