Asic update on insurances have been released. ASIC determination to the changes around the flex commissions will be determined EOY and then a grace roll out will take affect for a period of time. I assume 2018 will be the full change. that may give APE time to create further profit around other products to make up the difference. this is not just taking affect with APE but with all AFSL regulated companies. im sure there will be no release prior to full outline of change and how they will affect. why else to do you think the SP has been down trending.
Ann: Record Forecast Financial Result - 2016, page-6
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