Pension transfer costs

thebands

dunstonh said:

FA will have indemnity insurance say at 10% of turnover. So 10% of the fee they take off me covers insurance the other 90% covers costs and profit. 

Goodness.  Who would have thought that you know more about the business costs of IFAs than IFAs themselves. Please do let us know how you find this magical unicorn of 10% costs?

It's a requirement of the Financial Conduct Authority that advisors carry professional indemnity insurance, but you obviously know more than me (?). I came on here asking for any recommendations as to fixed price fees not for an argument. I will look elsewhere.