The Last Page - Eliminating “con-missions”
Source: Asia Insurance Review | Sep 2011
Industry players have often warned against a ban on commissions for financial advisers (FAs). They cite the issue of under-insurance which will only worsen with a ban. Insurance is sold, not bought – is the common saying. On the other hand, proponents say commissions is the reason why mis-selling occurs, as it skews the impartiality of FAs. Could the issue be much more fundamental than that?
By Benjamin Ang
Archived articles are available to Magazine subscribers only.
For Full Access to
the magazine
SUBSCRIBE here.