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Fee and commission compensation |
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Fee and commission compensationSee: Fee-based compensationFee and commission compensation Similar MatchesCompensationCompensationArrangement under which the delivery of goods to a party is paid for by buying back a certain amount of the product from the recipient of the goods. Just CompensationJust CompensationIn condemnation the amount paid to the property owner. The theory is that in order to be "just," the property owner should be no richer or poorer than before the taking. Fee based compensationFee based compensationPayment to a financial adviser of a set hourly rate, or an agreed-upon percentage of assets under management, for a financial plan. When the plan is implemented, the adviser may also receive commission on some or all of the investment products purchased, which would be fee-and-commission compensation. Financial Services Compensation SchemeFinancial Services Compensation SchemeThe Financial Services Compensation Scheme is the sole financial compensatory scheme. It was set up by the Financial Services Authority (FSA) in December 2001, and replaced:Building Societies Investor Protection SchemeDeposit Protection SchemeFriendly Societies Protection SchemeInvestors Compensation SchemePIA Indemnity SchemePolicyholders Protection Boardhttp://www.fscs.org.uk Partial compensationPartial compensationIncomplete payment for the delivery of goods to one party by buying back a certain amount of product from the same party. Further SuggestionsFull compensationDeferred compensation Compensation Investors Compensation Scheme Fee only compensation Pensions Compensation Board |
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