Insurance

Old trail income under review

Monday 11th of May 2015

The question of whether it is appropriate for RFAs to continue to receive income for products when they could not offer those clients advice under regulation was first raised in 2008.

MBIE said it would be part of its wider assessment of advisers’ remuneration. The FAA review began this year.

A spokeswoman said whether commission should be restricted or banned would be canvassed i...

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