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Broker talkback

Do you offer your clients a commission offset payment option?

Yes 75%
No 25%

Yes “If it is good for the client, then it is good for me and provides extra flexibility”
Frederick Adams, Adams Financial Services

Yes “We offer fee, commission, commission and fee and commission and offset. We try and cater for the client’s need and provide them with a range of choices.”
Carl Hope, Douglas Hope Financial Management

No “We are looking at it but have not had much demand. If clients start to ask for it, it is something that we will consider.”
Victor Malwood, Victor Malwood IFA

No “I’m considering it. It is going to come so we should address it now.”
John Hunt, Finance 21

Yes “Not many of them take it but if it gives us a bit more choice, why restrict what we can do if it works.”
Rob Simpson, Simpson Financial Services managing director

Yes “By taking the fee out of the product it makes it easier for the client and provides an alternative payment option for those people who cannot afford a fee.”

Yes “It is just the right thing to do”
Robert Guy, Timothy James & Partners Ian Wilson, Ian Wilson Associates

Yes “But I do not find the take-up very strong. Most people prefer to pay on a commission basis.”
David Moss, Actuarial & Investment Services

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