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Insurers argue cutting commissions will lead to poor customer outcomes

Monday 3rd of February 2020
The Ministry of Business, Innovation and Employment has released submissions made to the options paper it released on the Conduct of Financial Institutions Bill, which is expected to have its first reading shortly after Parliament resumes.
Many submitters shared similar concerns about what the bill proposes. The bill introduces new conduct obligations for banks, insurers and non-b...
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