Blog: We must consult on trail commission

At the time, and often since, I commended the Financial Services Authority (FSA) for the most highly effective and inclusive consultation process that I had seen in my 20 years working in the sector. However, in recent months, I must admit to being more concerned. Although there is a delivery schedule for the RDR, the detail of the rules should be properly worked through, and not rushed. Take the recent rules regarding the transfer of trail commission. I don't think anyone would disagree that trail commission, in respect of initial services or in lieu of an upfront advice payment, sho...