Interview mit Peter Grimmett / "Cost of advice may actually go up"

According to several surveys, German investors are not willing to pay for investment advice. How does the picture look in the UK? How common are fee-based advisory ser vices?

Until the first of January 2013 the industry can pay commission. This will disappear under Retail Distribution Review (seen as product bias) and investors will need to agree with their adviser what the adviser will get. This can be paid by a fee from the customer or taken from the fund. EU product providers …