The advice gap is one of the most talked about topics in financial services, but could the re-introduction of commission help solve the problem? PA asked three advisers to share their views...
Last month, Financial Conduct Authority acting chief executive Tracey McDermott admitted the Financial Advice Market Review (FAMR) may bring back some form of commission in a bid to close the advice gap. But advisers have mixed ideas about the proposal. There is a lack of consensus on the way commission might impact the wider industry and disagreement on the scale of the gap itself. We ask three advisers for their opinions...
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