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FundsNetwork has urged the regulator to change tack and include platform re-registration under adviser charging principles as part of a wide-ranging critique of the regulator's legacy asset paper.
FSA rules around legacy assets are “unclear” and “incomplete” and could result in less transparency for consumers, according to the Investment Management Association (IMA).
Insurer Aegon has warned of the “disastrous” ramifications of removing trail commission following a fund switch – a move the FSA hinted at in its latest consultation paper on legacy commission.
Other trail commission articles
Schroders is to launch a range of Z share classes across its UK fund range next month which do not pay trail commission.
Nationals round-up: More coverage of trail commission, a negative analysis of the flailing absolute returns market and new criticism of whole of life policies.
BBC journalist Paul Lewis and IFA Neil Liversidge have been having an interesting conversation about trail commission over the last few days...
The definition of the word ‘secret’ has been at the heart of a heated, but well-mannered, exchange between the BBC’s Paul Lewis and Yorkshire-based IFA Neil Liversidge this week. The topic: Trail commission.
Entrepreneur Ivan Massow caused a stir this week with the launch of his new trail-hunting business paymemy.com.
Entrepreneur Ivan Massow, fresh from launching his new venture which aims to refund 'unearned' trail commission to retail customers, said he is confident the process does not fall foul of HMRC tax rules where it involves pension plans.
Sheriar Bradbury, owner of London-based Bradbury Hamilton, says questions remain about Ivan Massow's new business venture, but feels the one-time flatmate of Michael Gove may be on to something...
Industry reaction to ex-IFA Ivan Massow's latest venture, which aims to divert 'unfair' ongoing commission payments from advisers to consumers, veers from disdain to disbelief.
Ivan Massow is back with a controversial new business idea - and he is ready for a "punch-up" as he tries to pinch advisers' clients.
The news this week is truly holistic, with stories on tax, investment, savings, pensions and income protection all likely to get clients reaching for your phone number.
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