IFA systems - revolution or evolution?

There are arguments on both sides although there does appear to be a ‘fees good, commission bad’ feel to a lot of commentary. Perhaps that is a reflection of the way many see the industry going. There is the call though from some suggesting clients will not pay fees, or that fees are only acceptable to those with above average earnings or financial means. And then we have the issue of indemnity commission being the bane of the industry, with accusations that it drives churning. But the argument goes that some indemnity commission is needed to reflect the upfront expense of new business. ...