adviser charge
71any form of charge payable by or on behalf of a retail client to a firm in relation to the provision of a personal recommendation by the firm in respect of a retail investment product, pension transfer, pension conversion, pension opt-out159 or P2P agreement131 (or any related service provided by the firm) which:
- (a) is agreed between that firm and the retail client in accordance with the rules on adviser charging and remuneration (COBS 6.1A); and
- (b) is not a consultancy charge.72