commission

It seems that the IFA sector is finally becoming aware of the need to provide value to clients in a far more obvious way and in turn, it is just possible that these clients might then pay for the advice they receive!

Scottish Life says only 7% of its new regular premium individual business is written on a commission basis, with the rest fee-based.

Standard Life is focusing on generating more ‘capital-lite' new business which does not require commission payments, chief executive Sandy Crombie told shareholders at the group's AGM today.

Mortgage Next has launched a number of insurance products for directly authorised brokers, which guarantee to pay 30% commission for the life of the policies.

Am I the only one who thinks transactional IFAs who rely on initial commission from products such as investment bonds must be feeling more than a little scared?

The big question for adviser firms following the release of the RDR interim paper is should they take action now to fit the FSA's revamped vision for retail financial services?

Millions of borrowers may have been the victims of large-scale breaches in the Consumer Credit Act, according to Powell Callen Solicitors.

The outcome of the Retail Distribution Review (RDR) should not matter as advisers must change their business models to succeed anyway, according to transition planner FP Advance.

Advisers can receive commission statements electronically and match them against their expected income after the latest launch by IFA technology provider Plum Software.

The Co-operative Investments, the intermediary arm of Co-operative Financial Services, will give advisers an extra 1% commission on all investments made by 30 April.