Insurers say no change on soft commissions despite damning FMA review
Eight of the nine insurers say there will be no further changes to the often lavish spending on financial advisers.
The Financial Markets Authority's report on so-called 'soft commissions' doled out to financial advisers by insurers has apparently fallen on deaf ears.
On Wednesday, the regulator revealed nine life and health insurance companies spent $34m over a two-year period on soft commissions, financial
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Mackenzie Smith
Wed, 11 Jul 2018
Wed, 11 Jul 2018
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Insurers say no change on soft commissions despite damning FMA review
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