That'll be £600: how much would you pay for your own advice?

CHARGING

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Shaun Sandiford, business development director at Axa Wealth, asks: how much would you pay for your own advice?

There has been a great deal of discussion recently around the price of advice in the post-Retail Distribution Review (RDR) world. It has included: How much are customers going to be willing to pay? How much are advisers going to need to charge? Do these two figures marry up? Looking at a couple of pieces of research, there seems to be some disparity between the views of consumers and advisers. A recent study from AXA Wealth, conducted by YouGov, suggested that consumers would be prepared to pay slightly more than £200 for a complete financial assessment. When you consider advisers spe...

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