More scrutiny needed on commissions paid to life insurance advisers
- Written by Gail Pearson, Professor, Business School, University of Sydney
Changes to life insurance commissions may reduce the incentive for advisers to churn customers through policies.www.shutterstock.comThe proposed changes to commissions for selling life insurance may just tip the system back in favour of the customer. For years paying life insurance advisers by commission was not seen as a conflict of interest,...
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