How the FCA is changing charging structures

The FCA has introduced significant changes to the construction and method of documentation for charging structures. The changes reflect the FCA's acknowledgment of that consumers are placing more importance on accessible and clear information on charging. The changes are set to ensure a fairer and more formalised view of the charging process for consumers. SimplyBiz explores the different aspects of a charging structure, including the percentage model, the menu-driven model, the hourly model and the hybrid model, assessing how each approach suits the needs of the individual.