Wednesday, August 15, 2018

Trailing commissions could be scrapped, Colonial First State executive Linda Elkins tells Royal Commission

Colonial First State executive Linda Elkins tells the financial services Royal Commission that the future of controversial trailing commissions is being reviewed. 

Ms Wilkins said Colonial could move unilaterally without approval of its parent company, Commonwealth Bank. 

ABC's Peter Ryan says trailing commissions have been a blemish on the industry.

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