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The FSB invited input from 5 representative bodies on a proposed discussion document on “intermediary services and related remuneration.” In today’s article, we focus on one aspect: the considerations concerning risk business, including short-term and lif
In the February 2012 issue of FAnews we published an article on the tax treatment of short-term insurance brokers. The article [repeated in part here] was written in response to a notice distributed by Mutual & Federal to its brokers in November 2011. Und
The Financial Services Board is currently looking at the second level of priorities in terms of the provision of financial advice and intermediary services to consumers of financial products. It called for “…contributions from industry associations on pos
Financial services providers typically single out regulation as the biggest challenge facing the industry today. The increasing burden of compliance impacts the small independent adviser more than most. And the burden has grown exponentially since the imp
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?