I have a financial adviser who over the past years has sold me good policies (life cover, medical aid, retirement annuity, etc.). But do I really need a financial adviser? None of the policies he has sold me are anything special, and I could have gone directly to the particular institutions for the same policies - most (if not all) will sell policies directly to a client and do not require an intermediary. This raises the (sensitive) issue of commission\fees, which are ultimately paid for by the client and increase the cost of the policy. Are financial advisers really worth it?
Lastly: What do I need to do (if anything), if I no longer want a financial adviser?