COMMISSIONS

Life/Risk

APRA warns life insurers they need to take responsibility for the manner in which their products are sold....

Life/Risk

Synchron’s Don Trapnell urges risk advisers to counter worst elements of Trowbridge interim report, including five-year responsibility period....

Financial planning

The FSI final report recommendations has singled out life/risk commissions for particular attention, urging a level commissions approach....

Policy & Regulation

The FSI final report has placed stockbrokers squarely in the regulatory cross-hairs....

Financial planning

FSGs should be part of the national register of advisers to prevent consumers getting skewed information from commercially operated websites. ...

Financial planning

Most Australians are in the dark about how much commission mortgage brokers are earning for their home loan advice, a survey has revealed. ...

Life/Risk

Rice Warner says upfront life commissions can be justified where advisers have done the hard yards on initial advice....

Financial planning

Instead of targeting commissions for life insurance products, policy reforms should revisit conflicted remuneration, which hasn’t been properly handled by FOFA, Chan & Na...

Financial planning

The financial services sector still lacks regulation that requires advisers to identify when they are providing independent advice and when they are selling products, a l...

Financial planning

Planning and accounting indsutry stalwart, Robert MC Brown, argues that hourly rates and flat/fixed fees are the answer for a planning industry mired in conflicted remune...

Financial planning

Consumer advocate group CHOICE has called for more stringency around financial advice conflicts of interest, such as asset-based fees....

Financial planning

Consumer advocate group CHOICE has called for more stringency around financial advice conflicts of interest, such as asset-based fees. ...

Life/Risk

ASIC’s upcoming report on risk insurance churn is likely to lead to further debate on removing commissions but would overlook the related costs of advice according to Syn...

Superannuation

ASIC warns on the one stop shop SMSF business model and the re-emergence of commissions....

Policy & Regulation

NSW Senator John Williams is looking forward to investigating why Labor failed to regulate commissions from industry super funds. ...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

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 ago

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

2 months 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 1 week ago

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

5 days 12 hours ago

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

2 weeks ago

AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...

4 weeks 1 day ago
moneymanagement logo