Insurance

Five years to make living wage as adviser

Tuesday 1st of December 2015

A recent report by Melville Jessup Weaver, commissioned by the Financial Services Council, suggested cutting upfront commissions from up to 200% to 50%. It said commission structures were driving behaviour that disadvantaged consumers and added cost to the industry.

Mike Moore, who runs a marketing company that helps advisers buy, sell and develop their businesses, said new advisers were...

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