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Call for the mobilization of financial security advisors

  Voir ce courriel dans votre navigateur     Appel à la mobilisation des conseillers en sécurité financière Call for the mobilization of financial security advisors   The Canadian Council of Insurance Regulators (CCIR) and the Canadian Insurance Services Regulatory Organizations (CISRO) in collaboration with l’Autorité des marchés financiers, they are working to abolish over commissions on all personal insurance products sold by financial security advisors.       Here is an extract that the regulators are working to skin end the restrictions. Incentive Management Guidance Representatives who operate under an incentive arrangement must maintain their obligations to manage conflicts of interest and their duty to prioritize Customers’ interests as described in the CCIR/CISRO FTC Guidance. Risks of negative outcomes to Customers CCIR and CISRO expect Insurers and Intermediaries to identify and assess on a regular basis the risks of [...]