Findex to move to fee-only risk model
risk adviser logo

Findex to move to fee-only risk model

Findex Group has confirmed it will move its dealer groups away from the group's current hybrid commission model to a fee-for-service model for all risk advice.

A spokesperson for Findex Group has confirmed to Risk Adviser that the non-aligned group will transition away from its current hybrid commission model to a fee-for-service model from 1 July 2015.

Advertisement
Advertisement

“Findex and Centric Wealth – one of its companies – will move to a fee for service model for insurance and over the next few months Crowe Horwath will also convert to a fee for service model,” they said. “They will get rid of commissions completely.”

In an upcoming article for Risk Adviser, Findex Group chief executive Spiro Paule lays out his vision for the life insurance industry.

from the web

Website Notifications

Get notifications in real time and stay up to date with content that matters to you.