Accredited bodies disappointed by FCA fee findings

FCA figures published earlier this week suggested a high proportion of firms are failing at fees disclosure. According to a survey of 113 firms, 73% of firms were failing, in one way or another, to communicate the true cost of their advisory service. IFP communications director Sue Whitbread said she was disappointed with the findings but suggested some firms were likely finding the transition to an advisory charging model difficult. "From the FCA report, I got the feeling that perhaps those firms found [the fees discussion] an issue that is a little bit unsavoury, something they d...