Consumers seem to have wised up: fewer complaints are being made to the financial advice ombudsman and the pension funds adjudicator about the sale of high-risk investments to the vulnerable - such as widows and pensioners - by financial advisers motivated by exorbitant commissions. But with the threat of regulations that will cut their commission income, advisers are finding new ways of charging for their guidance. So, for example, many are charging fees based on the value of your investments under their advice - which still presents some conflict when it comes to getting the best counsel. If your adviser is willing, you may want to negotiate a fairer fee structure. These are the fee structures in use and what you should know about each of them: Commission Commission is calculated as a percentage of the amount you commit to investing or paying towards an investment or policy. Commission is paid to your adviser by the financial product provider, so although it appears as if the advi...

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