Recommendations – Financial Advice

Recommendation 2.1 Annual renewal and payment

Recommendation 2.2 Disclosure of lack of independence

Recommendation 2.3 Review of measures to improve the quality of advice

Recommendation 2.4 Grandfathered commissions

Recommendation 2.5 Life risk insurance commissions

Recommendation 2.6 General insurance and consumer credit insurance commissions

Recommendation 2.7 Reference checking and information sharing

Recommendation 2.8 Reporting compliance concerns

Recommendation 2.9 Misconduct by financial advisers

Recommendation 2.10 A new disciplinary system