commission

A total of 95% of IFAs say customer-agreed remuneration (CAR) will be important to future business with solicitors and accountants, according to a Winterthur survey.

F&C has increased the annual management charge on 11 funds to bring them in line with the firm's entire equity range and the industry standard.

Towry Law has welcomed Friends Provident's move to abandon initial commission payments for its group personal pension (GPP) products.

Charcol, one of the UK's largest mortgage brokers, is to offer fee-free mortgage advice over the telephone.

The current strength of the retail investment market can largely be attributed to those firms that operate on an agreed fee basis, the Securities and Investment Institute (SII) argues.

Nearly two thirds of advisers are willing to move entirely from paper to electronic commission communications in the future.

Commission adversely influences advice to consumers, according to nine out of ten financial services executives at a Watson Wyatt-hosted debate.

FSA chief executive Hector Sants used a recent speech on IFA reward schemes to take a swipe at commission-based remuneration, according to law firm CMS Cameron McKenna.

Advisory firm Origen, which is owned by Aegon UK, believes there is still a place for both commission and fees in the post-RDR world.

Customer agreed remuneration (CAR) will probably succeed in establishing a sustainable model in the marketplace, according to Scottish Life.