COMMISSIONS

Life/Risk

High upfront insurance commissions result in a dramatic overselling of products to people who cannot afford it, according to former Money Management Financial Planner of ...

Financial planning

Platform innovation is being spurred by the increasing popularity of separately managed accounts (SMAs), according to Brandt Page, director of Fortuna Partners....

Financial planning

Colonial First State-owned advice business Financial Wisdom is positioning to meet a growing demand for limited advice....

Financial planning

PIS has signed a joint venture agreement that will give it entry to the cash management space....

Financial planning

Concerns around high commissions and the general outlook see PIS drop agribusiness managed investment schemes from its APL....

Financial planning

Fees versus commissions is an important debate for the financial planning industry, but having independent research in the first place will take much of the sting out of ...

Editorial

Industry Super Network's spokesman David Whiteley has criticised the Financial Planning Association's position on commissions associated with the sale of life insurance....

Editorial

The recent announcement by the Australian Clearing House that it has added the first ETF to its list of acceptable collateral represents a watershed moment in the life of...

Financial planning

The outgoing chief executive of the Financial Planning Association, Jo-Anne Bloch, has criticised the three government reviews as a "hodgepodge" of issues and pointed to ...

Superannuation

MLC has called for an extension of the powers of the Superannuation Complaints Tribunal to handle SMSFs, while supporting the continuation of planner remuneration for the...

Editorial

If the Financial Planning Association and the Association of Financial Advisers are to merge they will have to work through many divisive issues....

Life/Risk

ISN's David Whiteley argues the FPA's stance on insurance commissions is proof that the industry can’t self-regulate, with commissions leading to unnecessarily inflated i...

Life/Risk

The FPA Board has re-stated its belief that commission payments to advisers on the sale of insurance products should continue, saying a shift to fee-for-service in this a...

Financial planning

Members of industry superannuation funds have exhibited strong reluctance towards paying more than $500 for financial advice, according to HESTA executive manager Debbie ...

Financial planning

Paragem has extended its Australian Financial Services Licence (AFSL) service and compliance support to superannuation funds that are grappling with the grey area between...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 3 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

2 weeks 2 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

1 week 1 day ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

1 week 3 days ago