A ban on pre-Retail Distribution Review (RDR) trail commission threatens to make business unsustainable for nearly half of advisers, according to research from GfK and Panacea Adviser.
Trail commission has a "genuine and legitimate place" in adviser remuneration and the Financial Conduct Authority (FCA) would be wrong to ban future payments on undisturbed pre-Retail Distribution Review (RDR) business, according to Scottish Life.
Are advisers better off leaving fund share class conversions to platforms (as some have suggested), or should they carry it out themselves?
Fidelity FundsNetwork has assured advisers it has no plans to switch off trail commission before the 2016 deadline.
Entrepreneur Ivan Massow has agreed to transfer the client bank of his trail commission rebate business, Paymemy.com, to Clubfinance, in a deal enabling the customers to continue to receive rebates of 75%.
The Consulting Consortium client services director Ian Stott asks will a ban on legacy commissions create positive consumer outcomes?
A musician has recorded a song inspired by the death of trail commission and its impact on the advice sector.