Consultation is about ‘understanding and evidencing impact’
Follows targeted support work
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.