Joint consumer group submission (led by Choice) arguing that commissions in the sale of life insurance, general insurance and consumer credit insurance should be banned, as these create conflicts of interest that lead to poor quality advice. The proposal from the Quality of Advice review to instead improve disclosure does not address this fundamental problem.
221109 - Joint consumer submission to the Quality of Advice Review - Conflicted RemunerationConflicted Remuneration
Submission to: Quality of Advice Review
Related Projects
Treasury Laws Amendment (Measures for Consultation) Bill 2021: Superannuation Information for Family Law Proceedings
Submission to: Treasury
Joint submission, led by Women’s Legal Service Victoria, supporting the passage of legislation that will allow information about superannuation assets to be provided directly to the Family Court by the ATO during property settlements. This will be of significant benefit to women leaving situations of financial abuse and domestic violence, where perpetrators actively seek to hide assets.
Joint submission, led by Women’s Legal Service Victoria, supporting the passage of legislation that will allow information about superannuation assets to be provided directly to the Family Court by the ATO during property settlements. This will be of significant benefit to women leaving situations of financial abuse and domestic violence, where perpetrators actively seek to hide assets.
Product Intervention Powers
Submission to: ASIC
We support the approach by ASIC on the implementation of the product intervention power. In legislating this power, the Parliament has recognised the need for ASIC to prevent or halt significant consumer detriment when it is identified.
We support the approach by ASIC on the implementation of the product intervention power. In legislating this power, the Parliament has recognised the need for ASIC to prevent or halt significant consumer detriment when it is identified.