Here are the recommendations of the FAIR Review Panel. The key benefit to consumers are:
a) Website to buy standard products directly
b) Reduced commission on sale by agents (about 50% reduction)
http://www.todayonline.com/Business/EDC130117-0000041/No-commission-ban-for-financial-advisers--Panel
This is the full report
http://tankinlian.com/admin/file.aspx?id=737&IID=743
a) Website to buy standard products directly
b) Reduced commission on sale by agents (about 50% reduction)
http://www.todayonline.com/Business/EDC130117-0000041/No-commission-ban-for-financial-advisers--Panel
This is the full report
http://tankinlian.com/admin/file.aspx?id=737&IID=743
:.
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