All Topics / Heads Up! / Asic cracks down on Insurance brokers now

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  • Profile photo of SooshieSooshie
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    @sooshie
    Join Date: 2002
    Post Count: 974

    Hello!

    Well Ian Johnston from ASIC announced that now that they’ve weeded out the ‘Financial Planners’ role in making people poor (okay – I mention this tongue in cheek), they’re about to investigate whether Insurance brokers are being honest with their clients and disclosing what commissions/benefits they receive from offering certain products from companies they promote.
    Disclosure – interesting word methinks… I’m sure Lawyers will enjoy this word [;)]
    Have a nice evening
    Sooshie [:)]

    When a problem is created the solution is created simultaneously

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