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.
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.
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