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Brokers to be forced to reveal commissions

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Insurance Business | 06 Jul 2012, 12:03 AM Agree 0
The worst fears of European insurance brokers could be realised if they are forced to disclose all details of commission levels received as a European Commission directive is demanding.
  • Marj | 06 Jul 2012, 12:56 PM Agree 0
    we have been advising our life clients for a long time no (in writing) how much up front and trailing commissions are received by our brokerage and find it has no impact on their decision.

    I just wish the same rules were applied to direct insurers as well
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