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Aussie commission ban unlikely to cross Tasman
Thursday 5th of May 2011
As part of the Future of Financial Advice (FOFA) reforms in Australia, all commissions on superannuation risk insurance are to be banned as well as volume-based payments.
Australia's Minister for Financial Services and Superannuation, Bill Shorten MP, said the reforms would benefit consumers and encourage more Australians to seek financial advice.
"The FOFA reforms focus on improv...
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