Two in five clients expect to pay fees - research

Surprising research from RJ Temple suggests two in five people would expect to pay fees for the services of an independent financial adviser. Less than half again (17%) of the 671 people questioned believe the adviser would be remunerated by commission. Worse still, more than one in 10 people believe advice would be entirely free, even though IFAs have been disclosing commission for several years. Research found that: *15% would expect to pay a fee for a consultation; *11% would expect to pay a fee if they took up any products; * 7% would expect to pay a fee if given r...