Russell Hutchinson Opinion

Advised sales get more claims paid

Thursday 13th of October 2016

The Australian Securities and Investment Commission (ASIC) decided they would conduct their own investigation and see what was happening. In spite of some efforts to make it sound terrible, the level of claims payment is good if a comparison is possible, with, say the UK. What’s more, sales made by advisers tended to have more claims paid than those made direct.

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