commission

The Financial Conduct Authority (FCA) will lay down a marker to the financial services industry by widening the scope of the incoming commission ban on retail investment sales, according to a report in The Independent.

The Financial Conduct Authority (FCA) will lay down a marker to the financial services industry by widening the scope of the incoming commission ban on retail investment sales, according to a report in The Independent.

A House of Lords committee has called for a ban on commission payments to financial advisers across Europe, regardless of their status.

The Financial Services Authority (FSA) has expressed concerns about the use of distribution deals to circumvent rules banning the payment of commission.

The British Insurance Brokers' Association is warning that Europe could force mandatory commission disclosure on brokers by 2019.

Friends Life has increased the commission advisers receive on its income protection policies by approximately 15% in a bid to bring it into line with commission received on critical illness and life products.

Tom Baigrie, managing director at protection specialists, Lifesearch, has unveiled its Protection Sellers Code of Conduct.

Intermediaries are overwhelmingly (91%) in favour of commission options in the group insurance market, Canada Life Group Insurance has said.

PruHealth has changed its commission model to one that rewards long-term partnerships with brokers.

F&TRC has added tele-underwriting and adviser remuneration to its list on ongoing projects in the protection market.