ABI site focuses on paying for advice

The ABI has set up a section on its website dealing with paying for financial advice and the role of commission. Comments posted on the site will contribute towards the ABI’s consultation and a publication due early next year on how financial advice should be paid for.

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Rental health

Increasing professionalism in the buy-to-let market supp- orts lenders offering rental calculations using low payment rates, says Pink Home Loans associate director Dev Malle

ABI is not backing compulsion for pensions

The headline and first para-graph of the article, ABI disappointment as Labour seems to rule out compulsion (Money Marketing, April 14), gives the misleading impression that the Association of British Insurers has undergone some sort of Damascene conversion and is now in favour of compulsion for individual pension savings.

Regulation costs take 20% of commission

Regulatory costs typically eat up 20 per cent of commission and are so high that they should be disclosed under the payment menu, says Informed Choice managing director Nick Bamford.

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