Just 10% of clients 'against move to fees'

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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, th...

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