TMM - News

Royal Commission calls for adviser remuneration overhaul

Monday 4th of February 2019

The recommendations come from Commissioner Kenneth Hayne's long-awaited report, following a lengthy review into misconduct in the banking, superannuation and financial services industries. Banks have been publicly censured for their practices, and advisers have also come under fire.

In the report, Hayne says "The borrower, not the lender, should pay the mortgage broker a fee fo...

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