Spot on! The Financial Services Cartel do not care if fewer people are insured, or if consumers are ripped off with expensive, sub-standard policies. They only care about the profits of product providers. A smaller life insurance market can be more profitable for the institutions if independent advice businesses are destroyed and consumers are forced to go direct.
In order to give you the best site experience, we need to know what kind of investor you are. Please select the title that best describes you below.
Financial Advisers - Investment
Financial Advisers - SMSFs
Individual Investors with SMSFs
Financial Advisers - Insurance
Accountants and Solicitors
Financial Services Professional