Personal Touch to subsidise members' regulatory fees

In September Personal Touch announced a freeze of its own network member fees and more recently the introduction of twice-weekly commission payments. Personal Touch marketing director David Carrington said the business has seen "significant" increases in its regulatory costs, which together with its professional indemnity (PI) insurance premiums brings its total regulatory charges to over £1.6m. "Obviously we treat these costs as disbursements to members and need to pass them on," he said. "But given our commitment to support members and equally reward them for their particularly h...