Product providers might be willing to reduce the amount of commission paid to financial advisers on ...
Product providers might be willing to reduce the amount of commission paid to financial advisers on some products if it can be proven there is bias towards higher commission carrying products, suggests Standard Life. Commenting on the Sandler report published yesterday, Ronnie Taylor, head of strategy and operations for IFA sales at Standard Life, says the industry would prefer to change its commission payments to improve the level playing field and dispel suggestions of bias towards higher commission products, if there was sufficient evidence to say IFAs were only buying certain produ...
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