There is a place for a return to commission in some form and it may help to overcome some of the imbalances in the current system, some advisers have suggested.

About 45% of financial advisers might back a return to commission for some investment products, a survey has suggested.

Nearly 3 in 10 adviser firms have an their average annual turnover of more than £1m, a study published this morning has suggested.

Small firms must not escape the burden of regulation while heavy costs are ‘heaped’ on big businesses, the managing partner of a financial services group says.