Client charging structures: Taking a different approach

Firms not increasing fees are 'effectively accepting lower profits'

clock • 4 min read

Ben Peele looks at adviser charging structures and says it is time for IFAs to look at the issue from a different starting point...

Adviser charging is a topic that can divide opinion. I'm definitely not here to advocate one fee model over another. It's up to each firm to decide what works best for their clients. But what's interesting to see is how some advisers and planners are starting to differentiate themselves through the way they approach adviser charges and the service being delivered for those charges. It's especially interesting against the backdrop of Consumer Duty, and the emphasis on value for money. On a recent PortfolioMetrix webinar, we heard from Sam Tate from New World Financial Group and Julie B...

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