A positive spin to new marketing speak

clock

‘Factory gate pricing' is the great new buzzphrase in the consultancy and life assurance sectors. But behind the terminology what does it really mean?

To my mind, it means little more than everyone putting their hands up and being frank and honest about what they are charging clients for the service they provide. It is certainly a progressive step and one which will force considerable debate about the relative value of each link in the value chain. The lack of charging transparency in the industry, coupled with millions of pounds of soft commission ‘arrangements’ have been the greatest stumbling blocks to progress. That said, I suspect this will be a bigger challenge to implement than some might be currently imagining. Of course, there ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advice firms to gain integrated compliance tools as Saturn acquires Ateb Suitability

Advice firms to gain integrated compliance tools as Saturn acquires Ateb Suitability

Move brings regulatory expertise in-house to strengthen AI-backed suitability tools for advisers

Sahar Nazir
clock 14 May 2025 • 2 min read
Leveraging client data to reassure during uncertain times

Leveraging client data to reassure during uncertain times

Advisers must make use of personalised insights during market turbulance

Louis Williams
clock 14 May 2025 • 4 min read
PA Asks: Which celebrity would you most like as a client?

PA Asks: Which celebrity would you most like as a client?

Do you ever use emojis when communicating with clients? And are clients interested in thematic ETFs?

Professional Adviser
clock 14 May 2025 • 1 min read