Kpmg Rejects Westpoint Blame

NEWS Industry must determine best wage method By Darin Tyson-Chan PARLIAMENTARY Secretary to the Federal treasurer Chris Pearce has indicated the Government give non intervene with prescriptive ordinance as to whether remuneration or bearing-based remuneration structures are most appropriate for the exertion, and as such the financial services try must firmness the resolution itself. At an Investment and monetary Services linkup member luncheon he verbalise: I notice strongly it is not an issue for the Government. It is not our position to rate to the industry about how you will be paid. I confide very strongly that is a finis for you as an industry to make. I think it is an issue you do posit to mixture out quickly. I welcome the contend and I wholeheartedly encourage you to approach this debate with a level proposition and with the best interests of consumers and the sector at heart, Pearce said. man he say the Government would have no involvement in settlement the deliberation either way, he emphasized the importance of reservation sure remuneration methods were closely think to the value of advice provided. Whether they leave for advice up-front, or later through commission structures, investors do need to feel that they are trip upting value for money in my view, he said.

According to Pearce, another alpha issue for the industry was managing the expectations of consumers, as many complaints arose as a result of clients weakness to receive the service they had anticipated. He tangle the key to addressing the property was through greater consumer educa tion. Poor consumer experience and understa! nding is an issue tlie industry does need to deal with, just because it affects the way your products are perceived, Pearce said. Chris Pearce Opportunity knocks in Asia this June. Capital protected*/100% finance available KPMG rejects Westpoint blame By Zoe field AUDITOR KPMG lias defended itself against ciaims it bore some responsibility for the...If you pauperism to get a full essay, order it on our website: OrderCustomPaper.com

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