31
March
Commission-Based Sales To Be Banned
31 March 2010 The Motley Fool
One single factor has underpinned almost every mis-selling scandal over the last 25 years. It is the financial services industry's very own c-word, commission.
But under new rules issued last week, commission will be banned for good by the Financial Services Authority from the end of 2012. Commission will be no more. It will cease to be. Happy now?
