Ferma: broker commission disclosure remains uneven

Sarah Hills

Unsatisfactory levels of broker commission transparency could affect the way brokers advise clients, according to the Federation of European Risk Management Associations (Ferma).

More than two years after it proposed a code of practice for brokers, the federation told the European Commission (EC) that the level of transparency for broker commission is still "not entirely satisfactory".

Ferma claimed that the practice of disclosure was uneven. In addition, the federation said there