A total ban on contingent charging is unlikely as it might not work well for consumers, Personal Financial Society (PFS) chief executive Keith Richards told Professional Adviser.
The PFS chief pointed out contingent charging gives consumers an effective way to pay advice fees. "Contingent charging was in the regulator's sights prior to the implementation of the Retail Distribution...
Hires Wellington Management
Introduces 'The Long Dog'
Continuing Square Mile’s series of informal interviews
Happy GDPR day