COMMISSIONS

Financial planning

The Australian Securities and Investments Commission has issued class order relief that will allow super fund members to receive advice from their fund....

Financial planning

Stripping commissions from the cost of financial products could result in falls of up to 50 per cent in their cost to clients, according to David Price, managing director...

Financial planning

High commissions, vague Product Disclosure Statements and a lack of focus on the fundamentals of the underlying business have combined to create an investment sector that...

Financial planning

The New Zealand financial planning industry is being consulted on new disclosure requirements for advisers, including the potential use of the terms 'independent' or 'una...

Financial planning

Macquarie Agricultural Funds Management has called for reform in the remuneration practices of agribusiness managed investment scheme promoters, including a more transpar...

Financial planning

Dealer groups dissatisfied with financial planning software are creating their own or purchasing programs from practices marketing their own internally used software....

Financial planning

Rebate services provider YourShare has said many financial planners are holding themselves out to be purely fee for service when in fact they are charging commissions as ...

Financial planning

CPA Australia has warned that the way planners are remunerated should be left to the industry to determine because governments should not set markets....

Financial planning

Commissions may not be extinct in the financial services industry - but they are now a seriously endangered species....

Financial planning

Majority of clients repaying their loans according to contract; 14 hardship applications approved....

Financial planning

Over the past 21 years Queensland financial planner Martin Kerrigan has had nearly 30 face-to-face meetings with promoters of agribusiness managed investment schemes, des...

Financial planning

The code of practice governing financial advice, including remuneration, for members of the three peak accountancy bodies in Australia is under review....

Financial planning

New research reveals that axing commissions will not by itself serve to reduce superannuation fees to the level desired by the Federal Government....

Financial planning

Service payments between planners and clients are not an issue for government regulation, financial planner Wayne Leggett has argued to the parliamentary committee inquir...

Financial planning

The industry funds campaign against financial planners' commissions may benefit the retail funds sector, writes Robert Keavney....

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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 1 day 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 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