Aegon considers commission methods

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Aegon is looking at its method of remunerating advisers selling protection products.

The provider may soon offer an element of level commission alongside indemnity commission. Speaking at an Aegon breakfast briefing, Peter Chadborne, principal at CBK Colchester, asked why it was not possible for advisers to take part of the commission as level commission. He said: "Indemnity commission seems to be all or nothing at the moment. If you ask providers why they make no other provision they say there is no call for it. Well there might not be now, but there will be nearer the RDR. I don't see why we are able to do this with protection but not protection." Alun Beynon, he...

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