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AIFA welcomes trail commission clarification

by admin
28 February 2012
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The Association of Independent Financial Advisers (AIFA) has welcomed the FSA’s final guidance on ‘RDR Adviser Charging – the treatment of legacy assets’.

AIFA has continued to call for greater clarification from FSA on this important issue and believes the revised guidance makes it clear for advisers when trail commission can continue to be paid.

Chris Hannant, policy director at AIFA, said: “This is a positive step forward for advisers whose business models were under threat from the proposed changes. It is now clear that advisers can continue to receive previously agreed trail commission when topping up a previous product or switching within a product. This is a sensible outcome

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  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
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    • Consumer BTL
    • HMOs
    • Limited Company BTL
  • COMMERCIAL
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    • Commercial mortgages
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© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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