When do you need to use financial adviser that charges fees

In Financial competency, Financial planning on 13/05/2014 at 4:50 am

The UK has a regime whereby advisers are charged a fee for financial advice from investment advisers: no more commission-based income.

Fidelity caculated that sterling 61,000 was the minimum amount when it made sense to use fin adviser. This works out to about S$128,000.

Anything less, it is cheaper to take the risk of getting taken for a ride by yr insurance agent or financial planner who gets commissions from the manufacturers of the products that he or pushes?

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