Opinion: Commission vs fees?

Peter Robinson Prizm
Peter Robinson, MD, Prizm Solutions

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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