Opinion: Could commission disappear?

Started by their regulator, there is a slight other-worldly feel to the debate: the main opposition party has effectively said it will scrap the regulator, shifting its functions elsewhere.  Combine that with a certain industry complacency about the status quo, and it might make it easy to mock such a question - could commission disappear?

But our near neighbour, Australia, is also beginning to debate commission.

The supposed evil of commission is that it explicitly ties remuneration to this transaction, overwhelming the good intentions and ethics of the adviser in a way that a salary does not.

The problem is that the great thing about commission is... that it explicitly ties remuneration to the transaction, overwhelming the desire to do anything other than call potential clients with the desire to make more money.