GRCI Submission: ASIC CP 189
Wednesday 28 November 2012
GRCI would like to take the opportunity to thank the Australian Securities and Investments Commission (ASIC) for providing an opportunity for us to comment upon Consultation Paper 189: Future of Financial Advice: Conflicted remuneration (CP 189).
Background
GRCI has sought clarification about incentives for financial planners in a submission to the Australian Securities and Investments Commission’s consultation paper 189: Future of Financial Advice: Conflicted remuneration. The paper gives guidance about complying with the provisions of conflicted remuneration and other banned remuneration in relation to financial product advice given to retail clients. The guide is now being drafted and will be released in February.
Please find a copy of the GRCI submission here.
