Overhauling the financial broker system

Comment: Fees or commission – what can we learn from the British experience? Donal Milmo-Penny reports.

20th April, 2014

The issue of fees versus commission for engaging the services of a financial broker is often debated, with most commentators reaching the conclusion that banning commission is the optimum consumer interest choice. But is it?

Commission was banned in Britain under the Retail Distribution Review (RDR) which came into effect on January 1, 2013. Almost 18 months on, what have we learned?

Chris Hannant, director general of APFA, the representative body for British financial brokers, believes RDR has...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago