“Commission based sales practices undermine the credibility of an industry that needs significant reform. To argue against such basic reform is an argument against open transparent and trustworthy behaviour and places the interest of industry participants ahead of clients.”

“I can't believe that the solution is a “very small percentage of the fees charged by funds managers". We just spent years getting rid of product-based commissions and now you want to reintroduce them?”

“Taking away people’s ability to choose how they pay for the service they want and adding prescriptive rules that don't allow for clients’ health issues, travel plans etc isn't going to benefit the client. It is just adding extra administration.”