Are we the only industry in the UK where the customers set the profit we can make? Any other business is not required to tell the customer how much money they make on selling 2lb of peas, an electric drill or even a car?
On first view, the new Menu starts by suggesting that the document should be used by the consumer to "shop around to decide which firms to use". Perhaps if the FSA supplied a sharp knife we could cut our own throats at the same time ! I bet the "Billy back bedroom" advisers will be rubbing their hands. What is the point of working from accessible offices with comfortable fittings when if you work from home you don't have this overhead and can reduce the commission earned. This will “massively improve” the perceived professionalism of the industry. On the commission menu - where is the...
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