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meeting commission targets then their job is at stake. The relationship between adviser and supplier is based upon achieving commission targets set for each month. The adviser can sell the policies to meet targets and thus they can end up giving wrong advice. So, there exists a contrast between the two relationships. The remedy of this problem is not to ban commission as it will lead to use of bribe and other illegal means for achieving their targets. The remedy lies in caution to be taken on behalf of customer to ensure that the best Financial adviser has been chosen whose past record is successful and clean. Thus payment of commissions to financial advisers is becoming a moral issue.

In the words of Fay Goddard of the Association of Independent Financial Advisers;
"You want to find someone who deserves your confidence and your trust." The advisors' generate their income by means of commissions, the fees clients pay each time they make an investment transaction. So, it's in the best interest of both the individual advisor and his or her firm to generate increased revenue through maximum trading commissions.
2. PAYMENT OPTIONS
The customer has the choice of paying the advising firm or individual by fee or commission or a combination of both. Whether the customer buys the product or not, one has to pay the advising firm or individual for the advice. The firm might get commission from the supplier of product for convincing customer to buy a certain product. The adviser might receive ongoing commission from supplier as long as the customer keeps the product. The commission amount from customer might depend upon the amount that has been invested and the profit obtained. The adviser receives the initial commission when the product is bought for the first time.
There are following payment options;
1. Flat fee for services.
2. Commission on sales of investment products.
3. A combination of flat fee and commission.
4. Management fee based on a small percentage of the customers assets under the adviser's management.
The fee can be a percentage based on the value of the account or a flat monthly or annual charge for their work. Fee-only advisers don't charge a commission on what the customer buys.
Some advisers are paid salary, no matter which investments they sell. Some advisers charge hourly rates but not fees. Typical financial charges ranges from £75 to £250 per hour. Charges depend upon the skill and the knowledge of the expertise involved in undertaking

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