commission

Three years and more than 1,100 days on from Callum McCarthy's infamous Gleneagles speech, in which he set plans for the RDR, the issue still hugely divides the financial services industry.

IFAs are becoming more reliant on income from commission, despite regulatory pressure to move towards a fee-based model, research from Russell Investments shows.

The Financial Times' David Stevenson

Standard Life will abolish paper commission statements for advisers as it rolls out a replacement service online.

Cardif Pinnacle has adapted its Flexible Asset Bond for the corporate market, offering companies and their advisers an alternative to bank cash deposits.

The FSA today says it will "reinforce" its stance on non-monetary benefits, or ‘inducements', offered to advisers by product providers.

Firms with only one or two advisers were the worst hit during the six month period to mid April 2009 as economic pressures took their toll, according to new research from threesixty.

Product providers will face additional regulatory requirements if they offer convenient advice payment facilities to consumers, the FSA suggests today.

Advisers have lost thousands of pounds in commission payments after receiving delayed clawback requests from Legal & General (L&G) on lapsed pension plans dating back to 2005.

The FSA is considering an RDR-style review of the way mortgage brokers are remunerated, following concerns over commission bias.