The Quality of Advice Review has stated there are benefits of retaining commission for life insurance but admits it could result in a real risk of lower-quality advice fo...

Less than 10% of life insurance advice is placed without commission, according to the Financial Services Council, and thousands more of Australians would be able to obtai...

In a similar way to mortgage brokers, life/risk advisers are going to have to make their case if they want to retain commission-based remuneration structures....

A new whitepaper developed by ClearView is arguing that policy-makers have railed to understand life/risks commissions and the significant risks associated with removing ...

A Hobart financial planner who was not sufficiently trained, despite holding a Diploma of Financial Planning from Kaplan, or competent to provide financial services has b...

The Association of Financial Advisers has defended life/risk commissions and grandfathering while criticising the Royal Commission’s interim report, claiming it suggests ...

Trail commissions have been dealt another blow, with the Productivity Commission recommending that they be banned in mortgage broking for all loans from the end of this y...

The Australian Securities and Investments Commission has told the Royal Commission that grandfathered trail commissions equate to ongoing fees....

The Commonwealth Bank yesterday admitted to the Royal Commission that its home loan commission scheme was riddled with conflicts, which the Financial Services Union said ...

The Australian Securities and Investments Commission says it has never called for a ban on commissions paid to mortgage brokers so has never analysed the impact such a ba...

Charging commissions for life/risk advice may be more professional than a fee-for-service model as they were only paid if advisers achieved a claim result for clients, Sy...

Revenue and Financial Services Minister, Kelly O’Dwyer has warned that the changes to commission structures under LIF could have been harsher without industry consultatio...

The Government's legislation underpinning the Life Insurance Framework will enter Parliament next week with the Minister for Revenue and Financial Services, Kelly O'Dwyer...