IFA comments question reason for commission investigation

clock •

A flurry of emails has arrived in the IFAonline inbox in response to the ABI's report into commission bias, and the double standard shown by one major life company.

Here are a handful of those responses, but If you have any comments you would like to add to this or any other story, either email the editor or post your thoughts on the IFAonline discussion board. Phillip Masters, IFA in Finchley, points out very few IFAs are likely to be able to get away with commission bias, contrary to ABI and FSA suggestions, as consumers are smart enough to spot it. As a directly regulated IFA, I am sure that I write for all small IFAs in saying that clients soon know if you are commission biased instead of presenting the right product, and having been in business...

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 Your profession

Women in Financial Advice Awards 2026: Photo highlights from the night

Women in Financial Advice Awards 2026: Photo highlights from the night

Celebrating the best women in advice and financial services

Professional Adviser
clock 06 November 2026 • 1 min read
Feel Good Friday: Rathbones donates £35,000 to London Youth

Feel Good Friday: Rathbones donates £35,000 to London Youth

Youth Work Week

Professional Adviser
clock 06 November 2026 • 1 min read
Women in Financial Advice Awards 2026: Winners' gallery

Women in Financial Advice Awards 2026: Winners' gallery

Championing women in advice and financial services

Professional Adviser
clock 05 November 2026 • 1 min read