bolr

Financial planning

AMP FPA accuses AMP of clouding key BOLR issues

AMP Limited has been accused of seeking to cloud key questions about whether the AMP Financial Planning Association was appropriately informed and consulted about the com...

Financial planning

AMP’s continuing key BOLR caveat

AMP Limited has sought to protect itself against further buyer of last resort surprises by building in key caveats covering key market and governance policy changes....

Financial planning

AMP faces multiple challenges from BOLR changes

AMP Limited is facing multiple challenges as a result of its changes to its buyer of last resort arrangements and its signalling of a significant reduction in aligned adv...

Financial planning

Compliance issues continue to erode BOLR pay-outs

The private contractual nature of Buyer of Last Resort arrangements has served to leave the major planning organisations on the sidelines as advisers see their pay-outs e...

Financial planning

Mental health ‘dark side’ to advice industry changes

The rapidly changing legislative and regulatory environment confronting the financial planning industry combined with the damage to reputations and practice valuations fl...

Financial planning

AMP signals advice is no longer a numbers game

AMP Limited has signalled how it intends reshaping its adviser network with productivity and professionalism trumping actual adviser numbers....

Financial planning

End to grandfathering has tipped the balance

An end to grandfathered commissions in 2021 has proved the final straw for many financial planners who were still debating their future in the industry, according to prel...

Editorial

AMP must move honourably beyond BOLR deals

AMP Limited’s sale of its insurance business will help it cut loose some uncomfortable legacy issues, but it remains to face into the substantial challenges associated wi...

Financial planning

IOOF offers ‘Adviser Recognition Program’

IOOF has sought to ensure the retention of newly-acquired ANZ aligned advisers by offering participation in an ‘Adviser Recognition Program’ with vesting heavily reliant ...