One in six (16%) of UK adults were deterred from advice by the assumption intermediaries were still motivated by commission, Tilney has found.
This came despite the fact commission-based retail investment advice was banned as part of the Retail Distribution Review (RDR) in 2012. This perception of continued commission-driven bias was particularly...
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PFS renews its warning to industry
One-quarter of financial advisers have seen a pay rise greater than 10% after adopting the use of a discretionary fund manager (DFM), research for Rathbones undertaken by CoreData has suggested.
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