'Protection advisers should not move to trail commission'

clock •

Protection intermediaries do not think they should move to a trail commission model, despite calls to do so from several industry spokespeople.

An straw poll survey of IFAonline readers (as at 12pm on Wed 26th July) has revealed 79% of the 180 respondents do not think protection intermediaries should move from full upfront payments to a trail commission model. The survey follows a speech made by Paul Bradshaw, chairman of the Nucleus Group, who argued trail commission would provide protection intermediaries with a steady income and would incentivise them to service consumers for longer, particularly when their clients’ circumstances change. Andrew Micklewright at Think Positive does not think it is appropriate to change somet...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

Why IHT on pensions is a protection advice opportunity

Why IHT on pensions is a protection advice opportunity

Pension accumulation can no longer be considered separately from protection and estate planning

Naomi Greatorex
clock 23 September 2026 • 3 min read
FCA's Reynolds: 'We want to see a real improvement in financial inclusion because it matters'

FCA's Reynolds: 'We want to see a real improvement in financial inclusion because it matters'

In conversation with Graeme Reynolds, director of competition, FCA

Cameron Roberts
clock 22 September 2026 • 7 min read
FCA Pure Protection Market Study: Key milestones

FCA Pure Protection Market Study: Key milestones

A timeline of key developments

Jaskeet Briah
clock 21 September 2026 • 5 min read