Planner commissions to be outlawed

Jeremy Cooper, deputy head of the Australian Securities and Investments Commission (ASIC), told The Australian Financial Review legislative changes were necessary in order to protect consumers and prevent conflicts of interest.

“Superannuation is such a large pot of money and the government gives you tax breaks, so a fair amount of regulation is inevitable,” Mr Cooper said.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 22 June 2009