The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has recommended capping distributor commissions or deferring them to ease ...

Government and regulators have focussed on upfront life insurance commissions purely as a dollar amount and have not considered how they work within the advice sector while not acting on churn in ...

Major life insurer ClearView has committed to defending commissions-based remuneration for life/risk advisers, including campaigning in support of their retention. ClearView chief executive, Simon ...

According to sources, the DFS has written to both life and general insurers through industry councils, seeking detailed explanations on why commission expenses have risen disproportionately without a ...

Senior citizens walk into banks seeking safety and certainty. Too often, they walk out with complex insurance products that ...

High commissions in the insurance sector have recently drawn the attention of the government and regulators, Emkay Global said citing growing concern that distribution and operational costs are ...