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Reply to: IFA Retail Distribution Review
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Previously on "IFA Retail Distribution Review"
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I get all my financial advice from CUK. Consequnetially I've nothing to invest so I don't need advice. It's a virtuous circle saving me thousands in commision every year.
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IFA Retail Distribution Review
Just wondering for those who use IFA services if they have been impacted by the changes per the RDR and whether they have or are changing their approach.
I have been discussing a new charging structure with my IFA given the move away from commission based charging, and they have offered options around all encompassing annual flat fee, reduced annual flat fee + % commission on gains or pure % commission on gain.
Have agreed annual flat fee approach, although have been able to work them down to what they were originally proposing.
Interested to hear from anyone else.Tags: None
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