What is interesting now is that each of the life companies have backed off making any changes to remuneration arrangements from 1/7/16 due to LIF not being legislated in time .
Meanwhile a number of life companies were bought and sold while this fiasco was going on .
The reality is that post election the sky will not fall in life companies with still survive and maximise their profits through all three distribution channels (direct ,group and advised)
Sadly the majority of funding of our associations comes via financial instutitions who also own life companies hence the lack of support for what is a blatant attempt to shaft advisers and transfer value to the insurers,
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