IFAs 'would cut fees' for small pot clients

A poll of 100 advisers by MetLife found that some 67% of advisers across the UK would be willing to reduce fees for individuals with small pots. The study also indicated there is strong demand for advice from clients with minimal pension savings. Some 63% of advisers said they thought clients with pots worth less than £50,000 would be willing to pay for advice. Advisers in the South West were most willing to reduce advice fees for this group (at 87%) while the least willing were located in London with just 17% prepared to reduce charges. In addition, advisers in the South West b...