Three financial services licensees have removed the term “independent” from their website and marketing material after ASIC found they received commissions and volume-bas...
Like them or not, financial advisers should already have begun making the adjustments necessary to operate within the new Life Insurance Framework, writes Catherine Evans...
Financial advisers were ‘pawns’ in the financial industry to distribute products in the past, but this will no longer cut muster, a consultant firm principal believes. ...
Lawyer warns that LIF legislation, as currently drafted, could see adviser fees counted as part of capped benefits....
Advisers’ uptake of a program aimed at supporting them to transition from up-front commissions to a hybrid system reflects their willingness to change, a life insurer bel...
Fee for service can help clients maintain cover, according to Wealth Elements Dean van Zyl....
Canadian financial planners perceive Australia’s removal of commissions as a fail which has created an advice gap....
A new e-book analysing mistakes within SOAs identifies failings around identifying what is really in a client’s best interests....
Life/risk advisers urged to get their paperwork in order if they want to ensure grandfathered arrangements under the new Life Insurance Framework....
Risk advisers told that when they switch to fees from commissions they need to demonstrate their value as an adviser....
The Government will consider further extending the existing FOFA provisions if reforms are not found to better align firm and consumer interests by 2018....
Hybrid commissions may remove perceptions of bias in adviser recommendations, but it will not boost advice quality, the FPA argues....
Life insurers need to innovate, rather than slashing commissions to advisers, if they want create a more sustainable model, an insurance comparison website chief believes...
The Australian Prudential Regulation Authority’s new reporting standards for super funds confirm continuing bureaucratic life for planner trailing commissions....
Col Fullagar considers the difference between service and financial advice within the adviser value proposition framework amidst the debate around adviser remuneration mo...
How did the licensee not check this - they should be held to task over it. Obviously they are not making sure their sta...
Faking exams and falsifying results..... Too stupid to comment on JG...
Must agree to disagree with you on this one Keith, with the Banks/Institutions largely out of advice now is the time to ...