Insurance advisers chasing 230 per cent commissions and all-expenses paid overseas tripsSTUFF Viva Las Vegas. Insurance advisers who sell a lot of policies can earn free, all-expenses paid trips overseas from grateful life insurers. Four financial advisers have been given warnings following a probe into whether sky-high life insurance commissions and all-expenses paid overseas trips are hurting consumers. READ MORE:* Life insurance advisers earn up to $340ka year switching customers between insurers* Insurers order probe into whether commission is promoting 'churn'* Insurance wars drive commission sky high* Door to insurance heaven, or hell? The review covered both register financial advisers (RFAs) and the more highly-qualified, and highly-regulated authorised financial advisers (AFAs).

Source: Stuff March 21, 2018 23:01 UTC