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Collyer Bristow Soundbytes
Secret Commissions - What's the latest?
Topic: Secret commissions, fiduciary duties, and recent case law updates
In this episode Collyer Bristow's Head of Commercial Disputes, Robin Henry and Associate, Commercial Disputes, Abbie Coleman discuss secret commissions, a crucial issue in financial services and brokerage arrangements. They explore the legal obligations of agents, fiduciary duties, and the impact of recent court rulings on businesses and consumers.
Key discussion points include:
✅ What qualifies as a secret commission?
✅ The difference between fully secret vs. half-secret commissions
✅ The implications of the landmark Wood v Commercial First Business Ltd (2021)
✅ How the Johnson, Wrench & Hopcraft (2024) cases affect the motor finance sector
✅ Legal remedies available for undisclosed commissions
Whether you're a financial professional, legal expert, or consumer interested in fair financial practices, this episode unpacks the latest legal developments in secret commissions and their broader implications.
🎧 Available on Spotify, Apple Podcasts, and all major platforms.
💡 Need expert advice? Contact our Commercial Disputes team at Collyer Bristow for guidance on secret commissions and fiduciary obligations.
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