Original article by Ruth LiewSally Rose
The Australian Financial Review – Page: 1 & 12 : 27-Mar-15

Data from DEXX&R shows that financial advisers received $A3.4bn of the $A4.1bn worth of commissions that Australian life insurance groups paid in 2014. Life insurance advisers have criticised a proposal to cap up-front commissions at $A1,200, arguing that it would no longer be financially viable to sell life insurance products. Association of Financial Advisers CEO Brad Fox adds that it would prompt many financial planners to retire and discourage others from entering the industry

CORPORATES
DEXX&RASSOCIATION OF FINANCIAL ADVISERS LIMITEDAUSTRALIAN PRUDENTIAL REGULATION AUTHORITYFINANCIAL SERVICES COUNCILAUSTRALIAN SECURITIES AND INVESTMENTS COMMISSIONGEM CAPITAL FINANCIAL ADVICESUNCORP GROUP LIMITED – ASX SUNSUNCORP LIFE AND SUPERANNUATION LIMITEDNATIONAL AUSTRALIA BANK LIMITED – ASX NABINDUSTRY SUPER AUSTRALIA PTY LTD