How much? The crux of adviser firm charging models

'Wide variety of fee combinations'

clock • 8 min read

Since the Retail Distribution Review was first confirmed around a decade ago, charging models have been a long-running topic of debate within the financial advice arena, but where are current trends heading? Melanie Boulton explores the issues

Although the UK is by all accounts exiting the Covid-19 pandemic, uncertainty remains and the financial advice profession is still under pressure. Clients who have been hit badly by the pandemic, and with the added time on their hands, may ask whether their current fee for advice and service is value for money. Younger clients, who have yet to amass sizeable wealth, may be putting the price of advice under greater scrutiny and those who do choose to seek financial advice could potentially start turning to cheaper, robo-advisers and ‘hybrid' models. Research carried out by the Financial C...

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