Sheriar Bradbury, managing director of Bradbury Hamilton, on the implications of the regulatory crackdown on trail commission...
The introduction of new rules following the Retail Distribution Review (RDR) at the start of the year prompted a wave of change for the adviser community and there is no denying its reach is being felt far and wide. With its foundations firmly rooted in consumer protection and transparency, it comes as little surprise that trail commission is the latest part of financial advice to come under the spotlight. The anti-trail brigade has been up in the arms, arguing that many savers have no idea that they might be paying commission to their adviser and the adviser has no right to take this...
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