ABI rolls out new plans for financial advice payments

The Association of British Insurers (ABI) has put forward new proposals to reform the way in which financial advice is paid for.

The proposals, now to be the subject of consultation, could provide consumers who wish to pay through commissions with more reassurance about the quality of the advice they receive and answer concerns about the provision of advice after the initial sale.

In the publication Financial Advice: how should we pay for it? the ABI opened up a wide debate about the advantage