TITLE

Commission ban may cause split

AUTHOR(S)
Jones, Lee
PUB. DATE
July 2009
SOURCE
Money Marketing;7/2/2009, p9
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the impact of the plan of the British Financial Services Authority (FSA) in banning commission and factoring approach to insurance product providers in 2009 in Great Britain. According to the plan, there must be an agreement of payment between IFAs and clients through adviser charging. It states that methods of payment, including fixed fee and an hourly rate are allowed for insurance firms.
ACCESSION #
43257041

 

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