IFAs not charging enough trail commission-research

Research from the organisation shows 93% of IFAs receive under 1% per annum trail commission and 27% do not even receive half a percent. A total of 66% charge 0.5% to 0.99%, 5% charge 1% to 1.49% and just 2% charge 1.5% and over. The results will support the case of the thousands of advisers taking commission who have come under fire in recent months. A fierce debate is raging on the subject of adviser remuneration on the back of the Retail Distribution Review (RDR) with opponents of commission arguing it leads to advisers giving biased advice. There has also been discussion of whether an...