Insurance
Commissions are viable and fair: PAA
Thursday 29th of April 2010
Earlier in the week Australia announced it will ban the use of commissions on investment products and soon after the Investment Savings and Insurance Association (ISI) announced plans to implement a voluntary policy to discontinue the payment of commissions on investment products, including KiwiSaver.
PAA chairman Peter Leitch says there are cases where commissions have affected advice.<...
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