Insurance

The great commission shake-up

Thursday 5th of November 2009

Four life companies have altered commission payments of late, including AXA, which has presented new terms for persistency and upfront commissions; and AMP, which has made revisions to its adviser business terms.

Of particular interest, however, are changes by Sovereign and Fidelity Life, which are taking very different approaches to structuring commissions. Sovereign has moved to offer...

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