Sheriar Bradbury: Massow's trail commission model may just work

Adviser Sheriar Bradbury says Ivan Massow may be on to something with his new commission refund business...

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Sheriar Bradbury, owner of London-based Bradbury Hamilton, says questions remain about Ivan Massow's new business venture, but feels the one-time flatmate of Michael Gove may be on to something...

The subject of trail commission has once again been brought to the fore in the guise of paymemy.com, a new website aimed at policyholders who apparently don't receive service from the IFA who picks up the trail commission on their policies. The man behind the venture is Ivan Massow. His business, according to reports I have heard, aims to collect all the trail commission and rebate 80% back to the client, irrespective of its size. Is this a clever business model giving the client 'something for nothing', or are there flaws to this idea? The problem that first struck me was - what i...

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