Opinion: Commission vs fees?
Peter Robinson of Prizm Solutions considers the impact of professionalism on the debate.
To quote Johnny Cash and his classic Folsom Prison Blues: “I Hear The Train A-Comin’; It’s Rollin’ ‘Round The Bend’…”
The Financial Conduct Authority has implied (I believe) that it is inevitable fees will replace broker commissions despite wailing, gnashing of teeth and well-intentioned protestations from some in the broker community.
I wonder if we should be pushing back so hard. Please take a moment to consider how we never ask a greengrocer what their profit margin is when selling us an
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