Hi everyone, I am back a little earlier than usual with an Inbetweenysode. I think most people reading this will be aware that there has been a bit of a social media kerfuffle recently. There has been a lot of debate about whether or not advisers should charge fees to their clients and if commission-based firms are transparent to clients.

This episode is providing a background to these different approaches to adviser remuneration, there’s pros and cons to each, and I hope that you think it is a balanced account of what they are.

The key takeaways:

• Why some firms offer fee-based advice and others work on a commission-based model.
• The difference between indemnity and non-indemnity insurance.
• The importance of transparency and client choice.

Next time Roy McLoughlin is back and we have Andy Woollon from Zurich, chatting to us about the role of protection insurance in intergenerational wealth planning. I find this side of advice fascinating and I hope that it gives you some more ideas too.

Remember, if you are listening to this as part of your work, you can claim a CPD certificate on our website, thanks to our sponsors Octo Members.

If you want to know more about how to arrange protection insurance, take a look at my Protection Insurance in Practice course here.