Insurance

Commission ban “one private members Bill away”

Friday 27th of May 2011

Speaking at the Life Brokers Association (LBA) conference in Wellington, Neilson said that the ISI was not working towards a ban on commission.

However he said in the wake of the commission ban in Australia greater consumer and political pressure will be brought to bear, particularly on upfront commissions.

He said that pressure would result in a move towards trail commissions ove...

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