One in six (16%) of UK adults were deterred from advice by the assumption intermediaries were still motivated by commission, Tilney has found.
This came despite the fact commission-based retail investment advice was banned as part of the Retail Distribution Review (RDR) in 2012. This perception of continued commission-driven bias was particularly...
As head of distribution
‘Misconduct is misconduct’
Ramifications for advice firms
Calling for new advisers to join
Falls to 2.4%