News

Advisers 'must shake off product ties'

Wednesday 10th of August 2016

Financial Markets Authority data from this year's information returns shows 43% of advisers receive commission from product providers, down from 45% in 2014.

Just 33% receive a fixed fee or hourly rate from their customers, down from 36% in 2014.

AFAs also said they received incentives such as entertainment, business coaching, travel and vouchers from providers.

Twelve per...

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