’There’s a need for a makeover of percentage-based models where commission is unjustified, undisclosed and uncapped,’ says partner
Do consumers that utilise brokers really benefit from the commission model of rumeneration – or is this simply a way for brokers to extract ever higher fees without actually doing any more work?
The vast majority of brokers would select option A, but the FCA has, multiple times now, made its position clear that the commissions brokers earn must be commensurate with the value of work performed.
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