Daily briefs: 'The consumer must always come first'

ASIC commissioner Sean Hughes

ASIC commissioner Sean Hughes said reforms requiring mortgage brokers to act in their best interests of consumers were "timely and important". Image credit: supplied

By Alex Sampson
Wed 24 June 2020

ASIC published guidance on the best interests duty for mortgage brokers, due to take effect from January 1, 2021, six months later than planned due to Covid-19 delays.[.....]

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