Insurance

Lines drawn in commissions debate

Thursday 15th of October 2015

MBIE has made public the submissions it received in response to the review issues paper.

The paper asked whether commissions should be restricted or banned, and whether the disclosure requirements on advisers were sufficient. New rules in Australia have slashed the amount of upfront commission that can be paid there.

Some respondents urged similar restrictions in New Zealand.

...
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.