The regulators say life insurers have demonstrated a “weak appetite for change”
He also commended the Reserve Bank governor for fearlessly taking decisive action
Advisers will have seven months to complete their licencing applications
New study reveals statistics around investor confidence
It wants to hear potential applicants, advisers and interested parties’ comments and suggestions
Government says the exact date is yet to be determined
Regulator says that trust is low, and there are more revelations yet to be had
Latest investment brings total raised in 18 months to over $2 million
Economist says fixing for short terms would give borrowers flexibility