Most IFA clients are supportive of the incoming adviser charging regime, research suggests.
Research conducted by Cofunds last month, polling more than 600 advisers, found 57% reported a "neutral" reaction from clients when discussing the transition to a fee model, with a further 33% saying customers had responded "positively".
Only 60 advisers (10%) said the reaction from clients had been "negative".
"This is encouraging as it goes to show that those members of the public who already seek qualified financial advice can appreciate the value their adviser's professionalism and expertise add," said Cofunds sales & marketing director Alastair Conway (pictured).
Last week, the FSA said large firms could be stalling the move to pure adviser charging models because they are reluctant to give a competitive advantage to rivals yet to build their propositions.
Figures published by the FSA suggest just more than a third of large firms have begun to implement plans to be completely RDR-compliant by January 2013. This compares with two-thirds across the rest of the industry.
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More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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