Chase de Vere under fire over 'incentives' scheme - reports

Concerns of high fees and a 'hard selling culture'

Chase de Vere faced criticism over the weekend after a Times investigation revealed that staff at the financial advice giant were offered the chance to win luxury "incentives" amid concerns of high fees and a "hard selling culture".

The firm was found to be circulating league tables, comparing staff commission with that of their colleagues, while employees told the paper of the pressure they faced to generate income for Chase de Vere. In January, the firm's top ten performers were awarded a three-day, all-expenses-paid trip to Cannes by Chase de Vere's chief executive Stephen Kavanagh at the Principal Hotel in Manchester. The dangers of investment management fee reductions Staff can receive other benefits, with previous years' top fee generators taken to Sicily and this year's top earners scheduled to go to At...