Polarisation: Misys and Towry Law disagree over remuneration

Commission payments to intermediaries does not alter the quality of advice and products given to clients, Misys says in its response to the FSA's polarisation consultation Although Misys believes the industry should work together for better access and quality for the consumer - as the FSA has suggested - the Uk's largest IFA group has pointed out that most of its members offer the option of paying through fees yet it is the client who chooses to pay for advice through commission. "Enabling consumers to pay for advice through commission has meant that the advice has been available to mor...