COMMISSIONS

Life/Risk

The Australian Securities and Investments Commission has warned life/risk advisers not to try to beat the commissions and clawback implementation....

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Editorial

Wayne Leggett explains why it is mortgage brokers, not planners, who have the upper hand in terms of influencing the amount of money they manage....

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Editorial

What is the difference between a ‘rebate’ and a ‘commission’ and is a different standard being applied to the ‘risk sharing rebates’ paid to industry funds by insurers?...

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Editorial

The Australian Securities and Investments Commission review of Mortgage Broker Remuneration is reminiscent of the findings which gave rise to the Future of Financial Advi...

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Policy & Regulation

The Federal Treasurer claims the major beneficiary of a Royal Commission into the banking and financial services industry would be Federal Opposition leader, Bill Shorten...

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Editorial

There have long been accusations that industry funds have been the beneficiaries of generous rebate arrangements from group insurers and both the Productivity Commission ...

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Financial planning

The Commonwealth Bank has reinforced the fact that it has self-reported the problems around advice clients being billed for advice they did not receive amid the high-prof...

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Life/Risk

Major group insurer, TAL, has confirmed the payment of ‘profit share rebates’ to superannuation funds in the expectation they will be used for the benefit of members....

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Policy & Regulation

The Australian Bankers Association says public support for a Royal Commission is far less than is being claimed....

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Editorial

There can be no doubting how many life/risk advisers remain aggrieved by the LIF outcome, but bi-partisan Parliamentary support means there is no unscrambling the omelett...

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Financial planning

Dealer group Synchron has won a key legal battle securing the exclusion of commissions and fees on behalf of advisers from the calculation of payroll tax....

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Superannuation

Regulatory anomalies can mean the benefits of obtaining insurance within superannuation can be eroded at claims time....

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Financial planning

Advisers had not adapted to a world of no commissions just yet but would need to diversify their service offerings to justify fee-for-service, Aon Hewitt said....

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Features

Malavika Santhebennur finds out what else is on advisers’ minds other than the 2016 Federal Budget and FOFA in part three of this feature....

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Financial planning

The Australian Institute of Superannuation Trustees has argued the legislation underpinning the LIF is 'relatively feeble' and wants tougher action to eliminate commissio...

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 6 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 7 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago