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assisting housing affordability

Ending Grandfathered Conflicted Remuneration

  Published: 30 Apr 2019

Industry Super Australia (ISA) appreciates the opportunity to provide comment on the Exposure
Draft Treasury Laws Amendment (Ending Grandfathered Conflicted Remuneration) Regulations 2019 (Exposure Draft), the purpose of which is to amend the Corporations Regulations 2001 toprovide for conflicted remuneration that remains payable after 1 January 2021 to be rebated to affected retail customers or passed on in the form of a monetary benefit.

ISA strongly opposes the Exposure Draft proposal that grandfathered conflicted remuneration be allowed to continue.

*The above material, whilst correct at the time of publication may include references or statements which are no longer current.

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