Why shouldn't we earn trail commission? - IFA Census

clock •

At least half of all IFAs believe they should receive trail commission even though there is no evidence of ongoing service, according to the latest IFA Census.

This month’s IFA census survey, conducted on behalf of the Association of IFAs, suggests 51% of the 374 IFAs surveyed think they should be paid trail commission, even though the Treasury Select Commission recently questioned why someone anyone would be paid where no work is completed. However, at the same time as advisers say they should be paid where no work is visable, almost nine out of ten respondents (88%) see trail commission as payment for ongoing administration, while 82% regard it as payment for ongoing advice and just 35% regard trail as some form of deferred initial commission...

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 Investment

Stock market crashes – the rational and the emotions

Stock market crashes – the rational and the emotions

'Several characteristics associated with previous pre-crash periods are present today'

Paul Wood
clock 30 September 2026 • 5 min read
Baillie Gifford workforce faces 10% reduction following voluntary exit programme

Baillie Gifford workforce faces 10% reduction following voluntary exit programme

Around 160 roles vacated

clock 23 September 2026 • 1 min read
Nine SJP funds flagged for underperformance in AoV despite improvements on last year

Nine SJP funds flagged for underperformance in AoV despite improvements on last year

89% of assets given green light

Alex Sebastian
clock 22 September 2026 • 2 min read