
Insurance
Australia to ban superannuation-linked insurance commissions
Wednesday 4th of May 2011
The Future of Financial Advice (FOFA) reforms will ban all commissions on superannuation risk insurance and include a broad ban on volume-based payments.
Minister for Financial Services and Superannuation, Bill Shorten MP, said the reforms would be in the best interests of consumers and would encourage more Australians to seek financial advice.
"The FOFA reforms focus on improving...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
Latest News
3 min read
2 min read
3 min read
3 min read
2 min read
Latest Comments