Sunday, January 15, 2012

Which? finds huge variations in financial adviser fees

Which? has found huge variations in Independent Financial Adviser (IFA) fees across the UK, with one quoting £2,450 more than the cheapest alternative to transfer money into a stakeholder pension.

The consumer champion asked 200 IFAs to give quotes for different services and found large regional variations in the fees. Although the average fee quoted to transfer a £10, 680 investment into a

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