Published Date:
29 June 2009
By Bill Jamieson
NEW rules to outlaw commission payments to independent financial advisers, outlined by the Financial Services Authority (FSA) last week, have been warmly welcomed.
The commission-based selling of investment products has come under increasing fire. The system long exposed IFAs to the charge of recommending products on the basis of commission paid rather than what was in the best interests of the client.
When...
The full article contains 805 words and appears in The Scotsman newspaper.
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Last Updated:
28 June 2009 8:32 PM
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Source:
The Scotsman
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Location:
Edinburgh
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Related Topics:
Scrutineer
,
Bill Jamieson