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FSA changes stance on commissions regulation

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08/08/2006

Changes are being implemented in the regulation of the way in which commissions are paid to financial advisers. Advisers earn commission on the sale of many investment and savings products.

An investigation by the Office of Fair Trading (OFT) into the regulation of commissions has led to the Financial Services Authority (FSA) being forced to bring in the changes, with the aim of making commission charges clearer to the consumer.
 

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