Neil Jones, technical project manager at Canada Life, offers some advice on picking a provider.
As charges become simplified and providers remove high allocation charging structures, it should be a lot easier for advisers to review and compare the charges levied by product providers. The removal of commission will also aid this as it effectively removes the cost of advice from the equation. So how will providers distinguish themselves and what should advisers be considering when selecting a provider? You may already have a process in place within your business to show which provider is most suitable for a particular client with a specific need or objective. There will always be ...
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