Insurance reforms get member supportBY MARK SMITH | FRIDAY, 7 OCT 2016 10:22AMAFA members have given their approval to the proposed reforms to the life risk industry, after a motion calling for removal of support of the Life Insurance Framework received little support in a vote. Related News |
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Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
From what I see all the LICG is asking is for anyone to show how the consumer is better off with lower commissions. If lower commissions are being paid then surely consumers should pay lower premiums. If that is not the case, so just how are they better off?