PosSol partners' commission delayed due to business check backlog

The national IFA introduced a new training and competence framework at the beginning of the year, which includes fresh business checking requirements for both new and existing practitioners. It says the arrival of about 200 partners in 2010 so far and an upturn in business activity has left it with a backlog of case checks, delaying the payment of commission in some cases. Positive Solutions has hired an interim compliance and risk director, Dawn Batchelor, in a bid to clear what was, at one stage, a month-long backlog. It currently stands at just under three weeks. Company CEO Jim...