That's it folks - our adviser charging debate examining the legitimacy of percentage charging in a post-RDR world is over. But who between our proposer Alan Smith and opposer Clive Waller goes home with the win?
After four days of argument and counter argument and the votes of some 300 advisers, consultant Clive Waller shaded the debate with 59% of the vote, though Smith had consistent support throughout. > Catch up the debate from start to finish HERE < In our closing statements on 30 April, debate proposer Smith - who opened proceedings with the suggestion that percentage-of-assets charging models were a "relic of a bygone era" - agreed with Waller that how firms operate is ultimately down to them, and pointed out his business had operated an ad valorem model in the past. But his closin...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes