Clients still think advice is free, say IFAs

The provider's latest 'Hot Issues Tracker', which surveyed 266 advisers, found 64% of respondents say this will be the main reason for an anticipated drop in business volumes from 1 January 2013.   Almost six in ten (58%) believe customers will see advice as too expensive, while 55% believe prospective clients will struggle to see the value for money provided by their adviser. The report also suggests 38% of advisers expect a wealthier client base post-RDR, with 22% believing they will be older. Meanwhile, when asked what clients most value from their adviser, respondents said p...