Fixed fees 'nine times more attractive' than percentage-based adviser charging

Quarter want to see return of commissions

Hannah Godfrey
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Fixed fees 'nine times more attractive' than percentage-based adviser charging

Consumers prefer fixed fees to percentage based charging, despite advisers' preference for the latter, research by Drewberry has found.

Half of respondents to a survey by the firm said they would prefer fixed prices for ‘standard' pieces of work, such as setting up a pension. A mere 6% of the public liked the idea of a percentag...

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