Grandfathered commissions back on agenda as anti-JAWG alliance forms
The Finance Brokers Association, which was believed to be influential in convincing the Morrison government to ditch the Hayne royal commission recommendation to ban mortgage broker commissions, has been tapped to join the AIOFP in a new populist alternative to the Joint Associations Working Group. While the two outspoken lobby groups are yet to determine a joint policy platform, life insurance – and even grandfathered investment – commissions will be high on the agenda.
Industry
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