Broking focus - referral fees: Fight less, pay more
Brokers have been told they can expect falls in income generated from referral fees after new reforms were implemented on 30 April. Ralph Savage discusses the potential fallout from these new rules and what impact it could have on brokers' bottom line.
Well-drafted contracts will always contain a change of law clause affording both parties the right to review an agreement in the event of new legislation or regulation. With this in mind, observers
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