ABI backs CAR and 'Assisted Purchase' for RDR

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The Association of British Insurers (ABI) has come out strongly in favour of customer agreed remuneration, an Assisted Purchase sales process and increased IFA professionalism in its response to the RDR consultation paper.

The trade body says paying for financial advice should be made more transparent and easier to understand. It is backing the customer agreed remuneration(CAR) model to replace traditional commission models...

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