Financial Standard Comments - UK consumers won't pay for advice Fee for service will increase the UK's 'advice gap', said consultancy firm Deloitte after analysing the results of a consumer survey into whether consumers would be willing to pay up-front for advice. https://www.financialstandard.com.au/feed/latest?story=21643340 Wed, 01 Aug 2012 13:52:57 +1000 Wed, 01 Aug 2012 13:52:57 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Bill Brown (Lifestyle Advisers) Gee, duuuuuuuuuh ! What a surprise ! Fancy that. And we have no indication if the survey was talking specifically on investments and/or risk.

Risk advisers have known this for years, but governments won't listen. Customers prefer the commission model for risk and understand advisers have to be paid - as long as its not by them, directly from thier pockets.

Of course government won't listen because they believe the gap will be taken up by the "free" service provided by the ISN funds

Reply to article

For original story, Click Here.

]]> Bill Brown (Lifestyle Advisers) Wed, 01 Aug 2012 13:52:57 +1000