commission

Money Box's programme on The Sins of Commission and possible solutions to the public perception of IFA commission generated a plethora of responses market ranging from criticism of the journalistic bias to support for fund manager performance-based...

Yesterday's BBC Money Box programme entitled The Sins of Commission attempted to reignite debate about the way in which financial advisers are remunerated.

The BBC's Money Box will tonight broadcast a programme at 20:02 suggesting commision bias is still a problem across the financial services industry.

Further debate about fees versus commission remuneration still rages on, as new comments from one intermediary suggest advisers should look to become wealth managers rather than IFAs.

Pressure to meet the cost of FSA, FOS and FSCS levies has in recent months caused serious friction as some adviser operations feel they are being asked to pay costs which do not relate to their business.

As the implementation date of depolarisation edges closer, concerns about the credibility of this long-awaited ‘commission menu' are increasing, along with the damage it appears to do to commission-led adviser business.

A flurry of emails has arrived in the IFAonline inbox in response to the ABI's report into commission bias, and the double standard shown by one major life company.

The ABI's publication of proposals for financial advice commission reform have sparked reactions from the IFA sector of the trade body picking up where the FSA left off.

Several specific issues relating to the calculations of market average rates set to be included in menus to provide consumers with comparators were of sufficient concern to warrant mention in today's Policy Statement.

Norwich Union is doubling the IFA commission percentage on its lifetime mortgage business from beginning of next year.