Insurance
Commission regulation not likely: Goldsmith says

Thursday 12th of November 2015
Australia has released a new life insurance framework including changes such as restricting maximum total upfront commissions to no more than 60% of premium in the first year of a policy, from 2018.
As of next year, all trail commission will be restricted to 20% of premium.
Commerce Minister Paul Goldsmith addressed the Insurance Council’s conference in Auckland yesterday.
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