Quantcast
au iconAU

 

 

Consumers to bear the brunt of commission ban

An industry association has stressed that Australian consumers will be forced to pay more for financial advice once the government outlaws grandfathered commissions.

Consumers to bear the brunt of commission ban
smsfadviser logo
Consumers to bear the brunt of commission ban

The Australian government announced this week that it will introduce legislation on Thursday to ban the grandfathering of conflicted remuneration paid to financial advisers.

Read more at the ifa

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox