Insurance
Sovereign shakes up structures on commission
Thursday 23rd of October 2008
Adam Heath, general manager of Sovereign Home Loans told Good Returns, “It is a function of the international credit crunch, or crisis we are going through.” From November 20 the company, part of the ASB Group, will pay upfront commission only on new business from individual advisers who produce less than $2,000 a year in annual premium income from cross-selling Sovereign insurance p...
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