Contingent charging ban won't ease conflict concerns - PA360 told
No preferred charging model
"Advice businesses should continue to deliver value, as well as aim to make charging customers fair, transparent and as free as possible from conflicts of interest" - Tom Hegarty of The Advice Partnership from Prudential
Banning contingent charging will not solve existing concerns about conflicts of interest in financial advice and could end up doing more harm than good, Tom Hegarty warned delegates at PA360.
Speaking at Professional Adviser's flagship conference PA360 this afternoon (25 April), the director of The Advice Partnership from Prudential argued banning the adviser charging method could be detrimental...
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