With adviser charging old news to many advisers and their clients, price negotiations are inevitable. Here, Sheriar Bradbury explains why you should stand firm...
As business opportunities for financial planning firms continue to grow, IFAs are faced with some tough decisions if they are to make the most of opportunities coming their way. Much of the focus so far has been on regulations related to structuring a successful post-Retail Distribution Review (RDR) business, but there are several areas firms need to consider if they are to make a success of what is expected to be a bumper year for financial planning, particularly in light of the pension changes coming into force on 6 April. The first area is related to setting the right price point. ...
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