COMMISSIONS

Life/Risk

The latest Investment Trends research reveals advisers were already adjusting to the post-Trowbridge reality, with one in five ready to switch insurers....

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Life/Risk

Financal Planning Association chief executive, Mark Rantall, says nobody should underestimate how much assistance some advisers will need adjusting to the post-Trowbridge...

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Financial planning

The AFA announced a life insurance roadshow for insurance advisers after they indicated they need support to move from upfront to hybrid commissions....

Superannuation

Superannuation funds have strongly queried whether people who supply super funds should be excluded from being deemed “independent” for three years....

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Life/Risk

The AIOFP has claimed it was locked out of tri-party discussions around life insurance commission and has called for the full submission to be publicly released....

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Financial planning

The FPA has rejected claims by the AIOFP that its members were not consulted and that institutions shaped its proposal on life insurance commission changes....

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Life/Risk

The AIOFP has called for a shorter claw back period, 70 per cent upfront commissions with partial retention upon early termination and restrictions on advisers who churn....

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Life/Risk

Research has found advisers will attempt to offset changes stemming from the new life insurance commission regime with improvements to business efficiency or expanding th...

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Life/Risk

The AIOFP has labelled the tri-party life/risk commission regime changes as a sell out of advisers and will submit its own amended regime model this week....

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Life/Risk

Synchron has the major insurers tendering on a level premium, set-term remuneration model as it argues that claw-backs can be unfair....

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Financial planning

ASIC has acknowledged that newspapers headlines were wrong about planners taking big commissions to recommend residential property investments and that not one planner co...

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Superannuation

The Financial Services Council has pointed to Trade Union Royal Commission assertions as the basis for breaking the nexus between superannuation and industrial relations....

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Life/Risk

AFA chief executive, Brad Fox, acknowledges leadership of AMP on life/risk changes but urges continued pursuit of a unified position....

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Superannuation

While some industry super funds have been highly critical of planner remuneration based on asset-based fees, new analysis suggests declining membership and rising costs m...

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Life/Risk

More than 40 per cent of life/risk advisers would consider exiting the industry if the Trowbridge recommendations were implemented in totality....

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

14 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

5 days 8 hours ago
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...

1 week 5 days 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 2 weeks 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 1 week ago

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

9 months 2 weeks ago