commission

Short of a plague of locusts (which at this juncture would not come as a real surprise) there is not much more that could hit the financial services industry this summer.

AIFA has released the first in a series of RDR Issues Papers which seeks to clarify the FSA's current position on commission and Consumer Agreed Remuneration (CAR).

Outgoing FSA chief executive John Tiner says the term ‘independent' should apply to advisers who both select products from the whole of the market and are remunerated by fees.

The Association of Investment Companies (AIC) today calls for the FSA to consider mandating a factory-gate pricing system for financial advice.

Calls from the Financial Services Consumer Panel and Towry Law this week to ban commission have sparked outrage in the IFA community.

Towry Law has added its voice to controversial calls to end commission and find an "alternative" method of payment for advisers.

The Financial Services Consumer Panel has sparked fury amongst IFAs after a call to end commission payments over the weekend.

The Association of IFAs has announced a programme of seminars to help IFAs develop their fee-based business models.

The Financial Services Consumer Panel says a move by the FSA to end commission payments is the only way to avoid mis-selling scandals in the future.

I'm not a hot-headed character. You're much more likely to find me reading PG Wodehouse while listening to Dolly Parton than reading Irvine Welsh while listening to Eminem.