24 November 2008 | Industry funds claim commissions have more impact in bad markets.
24 September 2008 | The most successful are those that are properly defined and disclosed.
25 July 2008 | Review of fees must not deny access to financial planners.
22 July 2008 | Sherry continues push on super fees and charges.
2 July 2008 | Former chair calls on the FPA to take the lead in banning commissions.
23 April 2008 | Fastest growing mortgage broker argues its services are more important than ever.
17 January 2008 | Adviser fleeces thousands from employer.
2 November 2007 | Planners hope to transform super industry.
5 October 2007 | Clients reluctant to change status quo.
24 August 2007 | ING CEO prompts fight-back.
9 July 2007 | Future Plus believes there are more than two remuneration methods to consider.
9 March 2007 | The 80-strong financial adviser network of Matrix Planning Solutions is set to be granted access to Dealer Management Systems’ Adviser Online to allow them to track their commission revenue more efficiently.
22 February 2007 | Macquarie Funds Management has launched a set of funds, called the Incentive Series, comprising a single fee for outperformance of the respective benchmarks with no other forms of remuneration.
27 November 2006 | National Australia Bank subsidiary MLC has taken another step down the fee-for-service route, announcing today that it will be applying a fee-for-service approach to its personal superannuation offering combined with a revamped pricing structure.
27 November 2006 | IFS executive chair Garry Weaven has called for independent research on a selection of superannuation fund members to show what fees they are paying and how their fund is performing.
30 October 2006 | It has been almost one year since ANZ Financial Planning universally adopted fee-for-service, but despite the majority of its new clients choosing the payment method over commissions, the biggest challenge has been the advisers themselves.
3 October 2006 | The Australian Council of Trade Unions has used its submission to the Parliamentary Inquiry into structure and operation of the superannuation industry to argue that while many Australians may need financial advice at some time they do not need permanent, ongoing advice.
30 August 2006 | Transparency represents the key to the fee-for-service versus commissions debate, according to a survey of financial advisers conducted by Zurich Australia.
3 August 2006 | The chairman of the Australian Securities and Investments Commission, Jeffrey Lucy, has reiterated that it will not be imposing its views with respect to the fee-for-service versus commissions debate, but warned commissions-based arrangements need close monitoring.
3 August 2006 | Underlying hot topics like the commissions debate, Australia’s insurance gap and compliance is the need to boost consumer confidence and reinforce the value of advice, according to Alliance Bernstein chief executive, Michael Bargholz.
31 July 2006 | Financial advisers need to minimise the risks associated with their practices in order to realise the highest value for their businesses when looking at succession planning, according to a leading accounting firm offering consulting services to practice owners.
27 July 2006 | Companies such as NAB moving towards a fee-for-service model for financial advisers risk losing some of their more entrenched planners with the strongest client relationships, according to an analysis conducted by Merrill Lynch.
7 June 2006 | The Parliamentary Secretary to the Treasurer, Chris Pearce, has indicated the Government will not intervene with prescriptive legislation as to whether fee or commission based remuneration structures are most appropriate for the industry, and as such the financial services industry must resolve the issue itself.
6 June 2006 | AMP Financial Planning has claimed a lack of demand is the reason for removing industry superannuation funds from its approved list, but Industry Funds Services has implied the lack of commissions may have driven the decision.
1 June 2006 | Aspiring advisers were brought down to earth last night by industry commentator Ross Greenwood who told those thinking of financial planning as a get-rich-quick scheme to get out.