1. The Financial Services Industry
... household items as security for cash loans, lenders to truthfully disclosure all fees, commission and interest rates in a written contract. The code also protects consumers if they get into difficulty with their credit. For example, if one loses their job or are sick, they can ask to have their contract changed so that they can better meet their repayments. ... In 2012, the Future of Financial Advice package Legislation was passed by the federal government , which provides greater protection for investors by tightening up on the: duties and commission payments of financial planners ... ...
- Word Count: 1272
- Approx Pages: 5
- Has Bibliography
- Grade Level: Graduate