Good Initiative but I don’t think anything will change as the time is going we see some more same kind of changes of reducing commission in Financial Services/products.
2 year back in Mutual Funds, 1 Year back in Postal, Now in General Insurance & might after a year in Life Insurance also.
Its batter now to start converting yourself into Fee bases Financial Advisory model slowly slowly.
vinay mohanty
Great step!
ReplyDeleteLife Insurance already has low commission rates.