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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

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

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%



Manduca leaves Deutsche Deutsche Asset Management European head Paul Manduca is leaving the company after the group’s decision to transfer its European HQ from London to Frankfurt. Kevin Parker takes the role of chief executive.

Investment view

The is a dangerous degree of consensus among investment houses over expectations for 2005.

Munich Re Life appoints head of life development team

Munich Re UK Life branch is appointing Andrew Howe to head up its life development team. Howe has responsibility for the development of long term business for the branch. Howe began his career at M&G Re in 1990, where he qualified as an actuary before moving on to leading protection company Swiss Life from 1996 […]


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