Original article by Alice Uribe
The Australian Financial Review – Page: 17 : 27-Jun-17

The Department of the Treasury is conducting a review of Australia’s Future of Financial Advice regime. The Australian Institute of Superannuation Trustees and Industry Super Australia have used a joint submission to call for the ban on up-front and trailing commissions for life insurance sold within superannuation to be extended to all life insurance sales. They contend that commission-based remuneration structures serve to put the interests of financial planners ahead of their clients.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN INSTITUTE OF SUPERANNUATION TRUSTEES, INDUSTRY SUPER AUSTRALIA PTY LTD, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION