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FSA reveals confusion over fees for advice on finance

One-third of consumers believe financial advice is free, research from the Financial Services Authority suggests.

Next month the cost of advice will become transparent for the first time, rather than hidden in commission payments from providers to advisers, under the Government's retail distribution review (RDR).

But half of those who currently use an adviser believe there is no cost, according to the research.

Contextual targeting label: 
Finance

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