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No good reason for soft dollar commissions: Naylor
Monday 24th of June 2013
He said “soft incentives” for financial advisers from product providers would eventually be banned in New Zealand, as they had been in other places around the world.
The Australian Securities and Investments Commission said in its report on the Future of Financial Advice legislation that soft incentives led to inappropriate behaviour from financial advisers. They are banned from July 1 t...
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