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FEE-FOR-SERVICE
Financial planning
The Association of Financial Advisers Ltd (AFA) has expressed concerns about recent industry calls for the introduction of a rigid fee-for-service advice structure....
Financial planning
The Institute of Chartered Accountants has called for financial planners to move to a fee-for-service model, stating that commission payments inherently result in conflic...
Financial planning
The FPA is expecting financial services providers to modify their products in response to market demands for separately disclosed product and advice fees following the im...
Financial planning
The regulator’s position on adviser remuneration has been questioned by the Federal opposition, who have implied that the watchdog did not have an adequate understanding ...
Financial planning
The Financial Planning Association (FPA) is cracking down on conflicts of interest and the use of commissions to improve the profile of the industry, and increasingly con...
Financial planning
MLC has launched a new version of its MasterKey platform that contains no commissions, aimed at supporting advisers who conduct the majority of their business on a fee-fo...
Financial planning
The outgoing chief operating officer of listed financial services education provider Tribeca, John Prowse, has set up his own fee-for-service wrap account business, and h...
Financial planning
ASIC has delivered one of its most stinging criticisms of commission-based selling of financial planning advice, and called for dealer groups around the country to move t...
Financial planning
Vision Equity Living has dropped its variable interest rate on its income and combination equity release plans from 8.15 percent to 7.99 per cent....
Financial planning
Haintz Financial Services managing director and senior financial adviser David Haintz is a good example of the power of persistence. Highly commended for the Financial Pl...
Financial planning
Genesys Wealth Advisers has become one of the few financial planning dealer groups to add an industry superannuation fund to its recommended list....
Financial planning
Pure commission-based selling of financial advice or biased buyer of last resort practices are being rapidly dismantled as the Financial Planning Association puts the fin...
Financial planning
The Institute of Chartered Accountants has called on the Federal Government to make some financial planning fees tax deductible and to address superannuation and business...
Financial planning
Merrill Lynch Investment Managers yesterday launched its first separately managed account offering in Australia, the Merrill Lynch Customised Portfolio Service, and sever...
Financial planning
The Australian Securities and Investments Commission’s (ASIC’s) Sharmon Grant became the most vilified individual in financial services after her ill-timed and ill-inform...
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...