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

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 1 week ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 1 week ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 2 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

1 week 4 days ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

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A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....

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