Yet more comments have been aired on the issues of FOS decisions and the fees versus commission debate relating to business models.
Adrian Seager, IFA at Alexander Price a new way for IFAs to be remunerated while Chris Sellers, regional director at the Falcon Group says while the FOS suggests IFAs ought to override the will of consumers – to ensure the most appropriate products for their needs – the situation must also be turned the other way on consumers who claim mis-selling. Adrian Seager, IFA at Alexander Price says: “Oh how we all would love to move into the world according to Mark Robinson – chairman of Wealth Management (UK) – but reality says that despite trying to convince Mr & Mrs Middle Class that they ...
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