trail commission

Beware complacency

FCA position unchanged

Opened consultation on issue last June

Trailing fees fall to less than £1bn for the first time

Considering a 'sunset clause' for all trail commission

The offering is aimed at advisers' dormant clients

Nucleus has warned some advisers are drastically underestimating the impact the end of platform-based commission will have on their businesses, and suggests it could cut their profits in half.

Most advisers are confident their business will be prepared for the upcoming switch-off of fund-based trail commission, according to a poll which contradicts other research conducted on firms' readiness.

A project management checklist for advisers

Network Sesame has pledged to cover investment advisers' regulatory fees and trail commission arrangements as part of a benefits package for those going down its 'preferred route'.