Cost of Financial Advice Varies up to 1,000%

Some savers could be paying ten-times as much for financial advice if they don't shop around, warns Which?

Holly Black 20 August, 2019 | 11:19AM

money

The cost of financial advice can vary by as much as 1,000%, according to a study by consumer group Which?

A survey of 108 financial advice firms across the UK reveals that charges vary from as little as £500 up to £5,000 in some cases. Which? says its vital that those seeking advice shop around and speak to a few different advisers before committing to one.

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About Author

Holly Black  is Senior Editor, Morningstar.co.uk

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