• Depolarisation creates a third type of financial adviser on top of independent and tied - namely m...
• Depolarisation creates a third type of financial adviser on top of independent and tied - namely multi-tied. The multi-tied adviser will offer consumers the choice of products from a limited range of companies. • Under the rules, all advisers will have to provide customers with two keyfacts documents, explaining their status, the services they offer and a menu of their charges, including market average commission levels and sample fees, to enable consumers to understand the value and cost of the adviser's proposition. • Tied advisers will also be required to present keyfacts menu docume...
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