Clients of financial advisers can hope to be almost two-fifths a year better off in retirement than those who opt to take financial decisions by themselves, according to research by Dunstan Thomas.
A survey by the firm found adviser clients could on average hope for a total post-retirement, pre-tax household income of £33,557.45, compared with £20,373.40 for those who have made all their retirement...
In the third part of a three-part series, Karl Dines explores how to best construct a charging strategy and whether it should be different for post-retirement advice
Tabled by Stephen Timms
'Left to fend for themselves'
Changed in November last year
82% made no changes
Headed by Simon Monk
2,000 advice firms shifted
Building a brand
'Better balance between fee and interest income'