Skandia ups commission to 5%

Skandia is offering an enhanced commission option for intermediaries across the Skandia MultiFunds, MultiPep and MultIsa product range until the end of the tax year. IFAs can earn up to 5% initial commission for online applications or up to 4.5% commission for paper-based applications* with the option to rebate any initial commission to clients. Anyone submitting a £7,000 Isa application online on the enhanced basis can earn £350 in initial commission, so even if the IFA rebated £140 of initial commission to the client, they would still take 3% commission. Annual commission of 0.5...