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IFA finds 24p fee hard to stomach

Being an IFA in these crazy times of 1 per cent charges and low commission rates is proving a little too much for some of our boys on the front line.

Roberts Clark director Ashley Clark was looking forward to banking a stakeholder fund-based commission cheque for 24p.

But he was nearly pushed over the edge to find he would be charged 25p to bank it.

But he would not be beaten. He would not starve.

Unfortunately, by the time he remembered he can claim business expenses on bank charges, Ashley had already eaten the cheque.

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