Consumer Duty fair value prompts advisers to change fee structures
More than a third (37%) of advice firms have changed their fee structure after completing the Consumer Duty fair value exercise, Royal London and The Lang Cat have found.
Stay updated with breaking news from Client Fees. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
More than a third (37%) of advice firms have changed their fee structure after completing the Consumer Duty fair value exercise, Royal London and The Lang Cat have found.
Receiving financial advice improves confidence but access to advice remains limited, Interactive Investor’s Great British Retirement Survey 2023 has revealed.
A growing proportion of financial advice firms are looking to make changes to their fee structure in the next twelve months, according to NextWealth.
As many people already know, lawyers often charge varying rates depending on their experience, training, education, and other factors. Indeed, in some
Sometimes, it makes sense to charge different clients different rates.