Old Standard ways were best

letters & emails

Commission and pension products

Julian Stevens, WDS IFAs, Bristol Reading of Standard Life's attempts to squeeze a few drops more commission out of its now chronically under-priced range of individual pension contracts, I cannot help but feel a certain weary sense of 'so what?' It is nothing more than window dressing. If Standard Life wants to sincerely come up with a radically interesting commission formula for its now strongly disillusioned former IFA supporters, why doesn't it simply go back to the good old 2N% formula, for regular contributions, where N is the prospective contract term, in this case to the prop...