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Do commissions damage customer trust?

Friday 26th of April 2013

Tate, who is in Hong Kong at a Financial Planning Standards Board meeting, says the question about whether commission was a sustainable remuneration structure for the future is being discussed by delegates.

“One of the things that has been highlighted here is that if you remove commission, you harm the lower net worth individuals who can’t afford to pay the fee.  Commission means co...

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