DIY Introduction to Personal Finance: A Basic Guide to Savings, Pensions & Investments by John Edwards

Author:John Edwards [Edwards, John]
Language: eng
Format: azw3
Publisher: UNKNOWN
Published: 2012-02-25T16:00:00+00:00

This has now changed and advisers can no longer receive the commission and the client has to pay a fee for the advice - this can range from £750 (+vat) for a simple plan, up to £2,500 (+vat) for more complex advice.

Understandably, many ordinary people with modest savings and income either cannot afford these fees or simply do not wish to pay for advice.

5.4 SIPPs

The SIPP or self-invested personal pension has become very popular in recent years with increasingly savvy investors who want to take more control over their financial future.

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