It has long been argued that one of the effects of RDR will be to leave middle England unable to afford financial advice. However, Towry chief executive Andrew Fisher has argued that actually there is a 'clear solution' to the problem.
Fisher was speaking at yesterday's Marketforce conference the Future of Life and Long Term Savings. It is widely argued that the switch from commission to fees will push up the perceived cost of financial...
From August next year
RDR brought sweeping changes to adviser charging
A quarter (26%) unwilling to pay fees
Research by Grant Thornton
The right culture is essential...
For a long time, the road to retirement followed a familiar path. Individuals saved up for a pension during their working life in order to retire at a set age; usually around 65. This path has shifted, however.
Completes legal process
Scepticism towards companies' commitments
GDP falls 2.6% in November