
Initial commission to fall, says Skandia

Financial advisers are planning to reduce the amount of remuneration they receive from initial commission and raise that coming from either trail commission or fees, according to research from Skandia.
The research showed that on average, 59pc of advisers' remuneration currently comes from initial commission, with 26pc from trail commission and 12pc from fees. However, in three years time, advisers expect...
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