Financial advice fees rise, but 76% of clients still feel they get good value.

Average ongoing advice fees for financial advisers have increased by 9 basis points, according to a recent report. Asset-based fees are used by 70% of advisers, while 29% use fixed fees. Despite the rise, 76% of clients believe they receive good value for their money. The report also highlights the need for financial advisers to demonstrate the value of their services transparently.