Fees - the new world order?

Professional Adviser
clock

The time for discussing whether you should be considering charging fees or not, or whether commission...

The time for discussing whether you should be considering charging fees or not, or whether commission is good or bad, is long gone. Now is the time for action and IFAs should be drawing up a plan for dealing with the inevitable need to offer some form of fee-based service in the very near future. The only way that you are going to operate profitably and successfully in the new climate is by providing financial planning service rather than simple advice for your clients. In five years' time, or maybe even less, potential clients are not going to paying a fee to IFAs - or whatever they...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •