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Pension advisor prices?

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Comments

  • OP, I saw an IFA in 2021, the fees were £695 for the planning and a 1% of the pension pot fee. 

    HTH
    Don't wait for your ship to come in, swim out to it.
  • Aylesbury_Duck
    Aylesbury_Duck Posts: 16,286 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    saltire said:
    Compaired to what a surgeon gets paid to save peoples lives  then yes i do downplay their value .I take it you are in the pension industry .
    If you're going to play that silly game then you're not going to get much sympathy or support here.  
  • Ibrahim5
    Ibrahim5 Posts: 1,324 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    It takes about 100x the amount of training time to be a consultant surgeon than it does to be an IFA so I think it would be reasonable to expect a surgeon's fees to be somewhat higher. People can charge anything they want. though, so it's up to the customer whether they are willing to pay. The big difference is that an IFA doesn't need any practical skills, so if you can read and write and fill in forms it's easy to learn how to do it yourself.
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