25 Jun 2012, 11.12PM
MAS will do injustice if it doesn't stand by the consumers and protect them Imagine the 160% of the premium paid for insurance has been robbed under their nose and NONE of the consumers knew about it until MAS exploded it in their face. How can the agents, their managers and the insurance companies be trusted? This disclosure is required by law and none of these rogues disclosed it to the consumers. I wonder how many more material information required to be disclosed is hidden from them?
i hope MAS will tighen up the rules and more important;y enforced them to bring some to justice and hang their heads at each end of Nicole highway bridge to shame them and to send a strong message to all parties that MAS means business and the consumers are protected.
Once MAS bans the commission and tighten up and enforce the rules of advisory process I am sure people will get better and proper advice and they will be adequately insured and their money will really work harder instead of languishing and rot in those high commission products that the rogues had been pushing.