29 June 2017
•
Image:
"Whenever businesses are pushed to failure we always worry about FSCS levies" - Informed Choice's Martin Bamford
The removal of trail commission proposed by the regulator could hit the value of some advice businesses and see some go under, impacting FSCS levies, advisers have warned.
The Financial Conduct Authority (FCA) yesterday revealed it would consult on whether it should remove trail commission on share classes sold before the Retail Distribution Review (RDR). In a consultation...
To continue reading this article...
Join Professional Adviser
- 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.
- Tap into our community intellignece through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
