Summary
Why isn't it? The answer, say IFAs, is that people are now used to thinking advice should be 'free'. My guess is there is a degree of truth in this, but it also depends on how you phrase the question. Ask someone if they would like a financial product provider to pay for the IFA's advice on their behalf and they'll say yes.
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Extract
No Such Thing As Free Advice
Suppose you want to buy a newbuild buy-to-let flat, and the estate agent says he will take not only a 2 per cent upfront commission but also 1 per cent of any annual rental income you subsequently earn. You then discover that these terms have been fixed not by the agent but by the developer of the flat, and that elsewhere in the same area, almost identical flats are for sale from other...
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