The Financial Conduct Authority (FCA) is consulting on whether it should remove trail commission on share classes sold before the Retail Distribution Review (RDR).
The Retail Distribution Review (RDR) had banned trail commission on new products when it came into force at the end of 2012 but the commission is still being paid on advised share classes bought before...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till