TMM - News

NZ advisers hit out at Royal Commission

Tuesday 5th of February 2019

The Australian Treasury supports Kenneth Hayne's recommendation for a ban on trail commission, while it will explore banning other forms of sales commission. The government will also look into the feasibility of a fee-for-service model paid for by borrowers.

The FMA says "it is currently reviewing the report and considering its implications for New Zealand". The New Zealan...

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