COMMISSIONS

Financial planning

The Parliamentary Joint Committee has been told that the absence of tax deductibility with respect to fee-for-service advice is creating a market distortion....

Financial planning

ASIC warns that Australians facing financial stress are falling prey to schemes promoting illegal early access to superannuation....

Financial planning

The Australian Securities and Investments Commission’s submission to the Ripoll Inquiry has raised the stakes for the future of the financial planning industry but has al...

Financial planning

Businesses such as iRefund thrive when consumers feel they are not getting value for the commissions paid to financial planners....

Financial planning

Fund performance data released by the Australian Prudential Regulation Authority offers consumers very limited assistance in checking the relative performance of super fu...

Financial planning

The Industry Super Network has slammed the degree to which the banks and major institutions dominate financial planning and suggested commissions were a root cause of the...

Financial planning

While many advisers are now making the transition from commissions to a fee based remuneration, many admit they don't have it right yet....

Financial planning

ANZ admits some failures on Opes Prime and Storm, but wants the professionalisation of the financial planning industry....

Editorial

It is often the commissions versus fees issue that overwhelms discussions about the appropriateness of the title 'profession' when applied to financial advice. ...

Financial planning

ROBERT KEAVNEY assesses the IFSA Charter on superannuation, and concludes it will lead to a fundamental change in corporate superannuation advice....

Financial planning

A Sydney planner has argued that the appropriateness of advice should be audited by a specialist CFP panel before it is delivered to clients....

Financial planning

A former client of Storm Financial and Colonial First State has used his submission to a parliamentary inquiry to argue for after-cost reporting of investment performance...

Financial planning

The regulator has cracked down on a Mount Waverly adviser found to have falsely witnessed loan documents for agribusiness investments....

Life/Risk

Regulatory changes to overcome deficiencies in managed investments would be inappropriate for insurance brokers....

Financial planning

Chairman Tony D'Aloisio admits the global financial crisis has exposed flaws in the way planners are remunerated....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

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 2 days ago