Key takeaways
- Consider the Consumer Duty Price and Value outcome in relation to adviser fees
- Understand the importance of calculating the cost of delivering your services to the client
- Examine the different options for adviser fees
- Understand the impact of the death of an adviser in relation to ongoing adviser charging
- Consider the implications of continuing to facilitate adviser charging to a deceased adviser’s estate
- Consider the requirements of Consumer Duty on firms’ ongoing advice charge
- Compare the alternative options to providing an annual review for each client
