Initial commission is a disappearing concept among investment intermediaries, as Merrill Lynch Investment Managers has evidence to suggest IFAs have shifted from commission to fee-based remunerated advice.
The Pensions Commission has acknowledged it would be "dangerous to proceed" with a national Pensions Savings Scheme (NPSS) without making allowance for individual advice if a compulsory employer contribution is not included.
More than 26 million adults believe banks and building societies are the best place to go for financial advice, claims research from MoneyExpert.com.
Advice is the key to removing the financial blindfold the majority of people are wearing over asset allocation, claims new research from Standard Life.
The Conservatives and the Liberal Democrats have attacked the government for giving out mixed messages over the role of advice in pensions.
The Association of British Insurers (ABI) has admitted the costs of the National Pension Savings Scheme (NPSS) or any alternative can only be reduced by removing the need for large upfront commissions paid to advisers.
Britain is leading Europe in retirement planning, with a low starting age for saving and a higher proportion of workers seeking financial advice, claims AXA.
Comments made by Secretary of State for Work and Pensions John Hutton, about advice and the National Pension Savings Scheme (NPSS) have not been welcomed by IFAs.
Clear, credible financial advice is an important factor in encouraging low and medium earners to save, claims Stephen Timms, minister for pensions reform.
Lord Turner's comments about the lack of advice within a National Pensions Savings Scheme (NPSS), has provoked a flurry of responses from IFAs.