The Money Marketing Podcast: Could commission make a comeback?

The Treasury’s Financial Advice Market Review is set to transform the advice industry.

Earlier this month Money Marketing revealed how the review’s expert panel may recommend reintroducing some form of commission to help fill the advice gap.

In this week’s podcast, Old Mutual Wealth’s Carlton Hood argues in favour of providers paying some of the cost of advice, while Fairer Finance’s James Daley warns against turning the clock back.

Introducing a new “initial” tier of advice with a lower regulatory burden is also discussed.