Perpetual increases broker commissions

Perpetual is enhancing the commission structure on its pension products, writes Jane Wallace From 1 October, Perpetual will offer up to 5% initial commission ‹ increased from 3% ‹while the 0.5% trail remains in place. Minimum contribution levels have also been lowered Fiach Maguire, head of pensions at Perpetual, said: "We are committed to improving the products and services available. There is potential for fund management specialist groups to capitalise on the confusion in the market over pensions mis-selling and the advent of stakeholder pensions "Our personal pension plan will especi...