adviser charging

Most workers are unaware they will have to pay for financial advice after the Retail Distribution Review (RDR) is implemented, according to Canada Life.

Few advisers will drop out of the industry after the Retail Distribution Review (RDR) and most plan to go independent, research from Capital Platform suggests.

Canada Life has announced its post Retail Distribution Review (RDR) adviser-charging structure across its core retirement, onshore and offshore investment solutions.

AXA Wealth's long-term pension plan and onshore investment bond are Retail Distribution Review (RDR)-ready, offering advisers flexible charging options.

Some 76% of advisers will use a fee structure in which they charge as a percentage of assets, according to new research.

Providers must be clear about the consumers they want to reach post-Retail Distribution Review (RDR) to bolster their adviser networks, Aviva has said.

Advisers can service the projected hard to reach middle-market post-Retail Distribution Review (RDR) with a good value proposition, according to Aviva.

Consumers are overwhelmingly unwilling to pay for fee-based financial advice, according to a YouGov poll, with some expecting to pay as little as £10 per hour.

PRICING MODELS

Cofunds has begun writing to the 400,000 advised clients on the platform, explaining its finalised 'disturbance' rules on legacy assets.