commissions

Financial planning

Association of Financial Advisers says fee-for-service won't guarantee better advice

Fee-for-service still undefined; consumers have a right to know what is included in the fee and be able to sign off on the costs....

Financial planning

Perceived conflicts of interest on Bowen's agenda

Commissions are causing real perception problems for the financial services industry, the new minister for superannuation has acknowledged....

Financial planning

Secret commissions from platforms to licensees questioned

In a submission to the Rippoll inquiry respected financial planner Neil Kendall has hit out against substantial "hidden incentives" paid to Australian financial services ...

Financial planning

MIS-sing the mark

The Australian financial planning industry is again the subject of severe criticism over the collapse of an agricultural managed investment scheme specialist, Great South...

Financial planning

Making somebody else’s hindsight your foresight

Paul Resnik and Dan Ratner share their different industry experiences to present this insight into the future of financial planning....

Financial planning

Commission planners compromised

Financial planners are venting their frustrations regarding real and perceived conflicts of interest created by commission payments to the parliamentary inquiry into the ...

Life/Risk

There’s more to life than insurance

Growth in the life market is more than a trend, it is being driven by demand, writes Jim Minto....

Financial planning

AIOFP establishes Great Southern member support committee

The Association of Independently Owned Financial Planners has established a committee to support its members and their clients who are involved with the collapsed Great S...

Accounting

Sherry confirms accountant licensing back on agenda

The Minister for Superannuation and Corporate Law, Senator Nick Sherry, canvasses a level-playing field when it comes to licensing accountants and financial planners....

Financial planning

Call for clients to be able to turn off commissions

Investors in retail fund products should be given the right to turn off a trail payment if they feel they are not receiving any service from their nominated adviser, acco...

Editorial

Letting go of the baggage

The move by the Association of Financial Advisers to not support the Financial Planning Association’s proposal to transition away from commissions-based financial advice ...

Financial planning

Phasing out commissions won't solve underlying problem

In his second submission to the parliamentary inquiry into banking and financial services, Queensland financial planner Bruce Baker argues that with or without commission...

Financial planning

Hourly fees will deprive many of advice: PIS

Despite backing the FPA's move on planner remuneration, PIS group managing director Grahame Evans believes an hourly rate payment model for financial planning advice will...

Funds management

ETF providers queuing to list on ASX Aqua platform

Up to 10 exchange traded funds (ETF) have expressed interest in listing on the ASX's new Aqua platform, joining the three providers that have listed to date, according to...

Financial planning

Just let go: what the FPA must do to move forward

The Financial Planning Association is a key industry body, but it’s time for it to evolve into a greater force, writes RAY GRIFFIN....