Car, home, and insurance brokers will soon disclose the amount or commission they get from insurance entities. Reports stated that such a rule will take effect in 2009. This latest regulation in the finance arena will lay down strict guidelines especially to agents who like using the terms ‘qualified’ or ‘independent financial adviser.’ The Financial Regulator, as well as a working group from the industry, spearheaded a review of the market for financial intermediaries and brought about this latest development. The said financial guideline states ... Read More