Termination of Financial Adviser Reps

Dear Kin Lian Recently a group of financial adviser representatives were asked to resign and given termination letters.  They were given reason like 'poor production' and rumours spread that one group was 'churning' instructed by MAS. This group approached MOM and was turned away citing MOM does not help self employed and asked them to approach a lawyer. Subsequently, they confront the CEO and the reasons given was the company is downsizing.  They highlighted that there are still 'poor production' people and why they are not terminated.  Furthermore, those terminated for churning, were not aware, no compliance issue etc. which the CEO cannot addressed. The above resulted in loosing their commissions and estimated 1000 clients who to date not serviced. Should they approached MAS, probably MAS will say its is business decision, they will not interfere. Mr Tan, hope you can given some light to these people and I am sure there are many others in the self employed industry need justice to be done Thank you  Pathetic observer