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Talkback

Will you change your commission rates as
a result of the publication of a market-average rate?”No. To a large
extent, my commission is set by my network. I do not think I will
have to make many changes.”

Brian Kilburn, Brian Kilburn Financial Management”No. When being an
IFA is a very small part of your business, like me, you just tend to
go with the comm-ission rates that are offered to you. I do not think
I will make any changes.”

David Taylor, Taylors”No. I was struck by the fact that the FSA used
execution-only business in their calculations but I honestly cannot
see us change our practice in any way.”

Bill Hopkins, Premier Financial Associates”No. We would probably not
change our rates. It is very unclear to gauge what the FSA wants from
us.”

Simon Pritchard Jones, W H Ireland Financial Services”No. I feel
there is so much extra work involved nowadays and margins are being
eroded all the time that I could not afford to sacrifice any
commission.”

Harry Douglas Parker, Doug Parker Indep-endent Financial Adviser”No,
we will try not to. Commercially, we have to eat.”

Chris Schorfield, Asset Independent Financial Advisers”No. I would
not have thought so for us. It will affect some and is just another
thing they are taking away from us.”

Simon Bosson, Amethyst Financial Planning”Yes. It could have an
effect possibly but I do not have a forthright opinion on it.”

Peter Mulderrig, Pendle Financial Planning ServicesYes 13%no 87%

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