IFA comment: Fee-based advisers already use a menu

However, Chris Welsford, a fee-based adviser at Ayres Punchard, explains being a fee-based adviser is not as bad as intermediaries make out, as life can much more relaxed once the switch is made. As a fee-based adviser I already provide my clients with a "menu" on outset. All advice is provided on either an hourly rate or a set fee agreed before any work commences. This has tended to exclude less well off clients but that has largely been a result of my personal preference for HNW clients who suit my style and expertise and help keep office overheads to a minimum. I used to use a c...