IFA launches pay-as-you go service for mass market

Steve Martin, head of Altrincham-based Smart Financial Planning, says he is reducing the quantity but not quality of advice, and is filling a gap left by IFAs who claim people on lower incomes will not pay for a non-execution service. An appointed representative of Smart, Zone Financial Planning in Glasgow will advise people who earn from £20,000 to £50,000 a year or with liquid assets of around £60,000. It will segment requests into mortgages, retirement, investment, tax and protection planning, and compile advice in the form of separate, price-banded fact-find reports. Customers ...