Technology enables income diversification

With no crystal ball to hand one can only speculate, on an informed basis, as to what the eventual outcome will be and the speed of change, whether enforced or market driven. The money appears to be on a move away from commission income streams to fees and fund-based remuneration models. However, whilst remuneration based on funds under management is seen as an important strand under the new model, too much reliance on this method can hold some risks. Looking at the FTSE All Share Index over the past decade perhaps gives an indication of the variability of income that is reliant on funds...