ABI to expand commission consultation online

The new section is expected to ‘go live’ before the end of the week and will include an online feedback facility whereby individuals will be able to contribute to the consultation process. The ABI recently called for a radical reworking of commission structures, which would see a major shift away from initial commissions towards ‘trail’ commissions paid only if a buyer maintains premiums over time. The call has already caused much debate and the new site is set to generate further discussion from IFAs. A spokesperson at the ABI, Jonathan French says: “We put out some research materi...