Stratablox was recently advised that The Australian Consumers Insurance Lobby Inc. (ACIL), have identified and reported to both Australian Securities and Investments Commission (ASIC) and the Australian Competition & Consumer Commission (ACCC), 146 examples of...
The real cost of the insurance commissions paid to owners corporation managers is not only financial. Insurance commissions create a conflict of interest for the manager, incentivise managers to underperform and break down trust in the manager-client relationship. At...