From the Editor: Will it be battle lines drawn post-RDR?

It is not the first study, and will not be the last, to predict what consumers will be prepared to pay for advice post-RDR. The answer is not a lot as half of the 2,500 people surveyed said they would shun fees altogether. Of those prepared to pay, their limit would be around the £300 mark–less than half the current average cost. The ABI used the research to show the clear need for a simplified advice model, which is currently the subject of an FSA consultation. It also said the study highlighted the need to explain to consumers that full advice is worth paying for or the aims of the ...