If Ron Sandler needs any proof that recommendations of advisers may be influenced by commission he only needs to read your pages.
The coverage of Scottish Amicable's decision to halt initial commission included the assertion that they had been “aggressively chasing market share by paying among the highest rates of commission”.
Andrew Bedford of Misys then helpfully explains that other companies “will keep paying commission and will lead the market and take the biggest share”.
Posturing is futile when all Mr Sandler has to do is read the trade papers, which speak much louder volumes about the majority than any open letter or delegation from a few high-profile and affronted advisers who would like to pretend that everything in the garden is lovely.
Professional Partnerships Independent Financial Planning,