commission

The Financial Services Authority (FSA) has expressed concerns about the use of distribution deals to circumvent rules banning the payment of commission.

The British Insurance Brokers' Association is warning that Europe could force mandatory commission disclosure on brokers by 2019.

Friends Life has increased the commission advisers receive on its income protection policies by approximately 15% in a bid to bring it into line with commission received on critical illness and life products.

Tom Baigrie, managing director at protection specialists, Lifesearch, has unveiled its Protection Sellers Code of Conduct.

Intermediaries are overwhelmingly (91%) in favour of commission options in the group insurance market, Canada Life Group Insurance has said.

PruHealth has changed its commission model to one that rewards long-term partnerships with brokers.

F&TRC has added tele-underwriting and adviser remuneration to its list on ongoing projects in the protection market.

Paul Hudson of Cirencester friendly has given the FSA's judgement on Holloway plans the thumbs up but feels there is still more work to be done for the product.

Aegon is looking at its method of remunerating advisers selling protection products.

Mortgage brokers could be dragged into the disclosure of adviser remuneration proposed by the FSA.