The cost of financial advice can vary by 1,000% and "incurable" state pension hangovers - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
Cost of advice from an IFA can vary by 1,000% Accessing financial advice could cost £4,500 more if you opt for one of the most expensive advisers, says this research carried out by Which? for the The Sunday Times. To find the figures, consumer group Which? surveyed 108 financial advisers and asked them how much they would charge people in various scenarios. In one scenario, a woman approaching retirement who wants advice on drawing an income was quoted £500 for advice by the cheapest adviser - and £5,000 by the most expensive. The advisers were told by the mystery shopper that she ha...
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