Consumers prefer fixed fees to percentage based charging, despite advisers' preference for the latter, research by Drewberry has found.
Half of respondents to a survey by the firm said they would prefer fixed prices for ‘standard' pieces of work, such as setting up a pension. A mere 6% of the public liked the idea of a percentage of assets-based arrangement to calculate their adviser's fees, even though this has become the prevailing model for many financial advisers in recent years. Earlier this month a survey by Adviser Home found three-fifths (60%) of advisers charged on the basis of assets under advice, a fifth (21%) had fixed...
Jack Wild gives his take on the protection market as a 'new modern adviser.'
Medicash has provided financial support to The Hive Zone to enable the youth group to offer free membership and free meals across the school holidays.
Zurich, in collaboration with the Smith School of Enterprise and the Environment at the University of Oxford, has published the UK recommendations from its report, 'Embracing the income protection gaps challenge: options and solutions'.
The UK market for private medical cover flatlined in 2016 with 4.02 million policies covering 6.89 million lives in 2016, some 10.5% of the population, LaingBuisson has published.