Editorial: ABI report misses double-standards

In its lengthy consultation published on Monday and entitled Study of intermediary remuneration, the Association of British Insurers is picking up where the FSA left off and appears to suggest despite having found no evidence of IFA commission bias – again, as was the case with the FSA – the way in which financial intermediaries should be remunerated should change because its membership is worried advisers are influenced first by commission paid and second by the quality of the product. There were many other, perhaps valid, points raised by the ABI, which indicate changing the commission...