Some 76% of advisers will use a fee structure in which they charge as a percentage of assets, according to new research.
Some 49% of advisers say they will charge on a fixed-fee basis, and 39% of the advisers said they would also offer charging on an hourly rate. The survey, conducted by Opinium Research, questioned 200 IFAs on their preparation for, and opinions on, the Retail Distribution Review (RDR). Despite the RDR deadline being just six weeks away, the same research found that less than half of IFAs have informed their whole client base of the impending changes to their charging structure (44%). However, the research found a third (33%) of advisers considered RDR to be a good thing. Furthermo...
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