01 Jan '12, 1pm

Barking up the wrong tree | Tan Kin Lian's Blog

After trying to deal with a similar issue for a few decades, the regulatory authorities in the UK and Australia have concluded that the only way to avoid the abuse caused by the conflict of interest is to ban the payment of commission for the sale of life insurance type of investment products. I hope that the Monetary Authority of Singapore will implement a similar approach, to safeguard the financial future of consumers.

Full article: http://tankinlian.blogspot.com/2012/01/barking-up-wrong-t...

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