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News: FID Fiducian Group Responds To Royal Commission's Final Report

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    06/02/19
    10:10
    Post #: 37345077

    Feb 6 (Reuters) - Fiducian Group Ltd (FID) :

    • FIDUCIAN'S RESPONSE TO ROYAL COMMISSION'S FINAL REPORT
    • INSURANCE COMMISSIONS AND MORTGAGE BROKING ARE UNLIKELY TO IMPACT REVENUE IN ANY MATERIAL WAY
    • 4% OF GROUP'S NET REVENUE IS FROM GRANDFATHERED COMMISSIONS, ESTIMATES WILL LARGELY CONVERT TO FEE FOR SERVICE BEFORE 2021
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