fee-for-service

Financial planning

Praemium forecasts finally moving into the black

Praemium forecasts finally moving into a cash flow positive position at the end of the next financial year....

Life/Risk

No real beneficiaries of insurance ban apart from Government, says FPA

The Financial Planning Association has found no evidence of mis-selling of life insurance that would justify a ban on commissions, stating that the only beneficiary of th...

Financial planning

New advice products aimed at FFS transition

AllMyFunds Technology has released a suite of products aimed at planning groups that want to preserve income as they move to a fee-for-service model....

Editorial

Looking behind the curtain of the financial advice industry

Robert Keavney discusses platform commissions, proposals to merge the Financial Planning Association and the Association of Financial Advisers, intra fund advice, and pro...

Financial planning

Government got it wrong, says AFA

The Government has seriously misread the major issues relating to financial advice, according to the chief executive of the Association of Financial Advisers (AFA), Richa...

Financial planning

Managed fund inflows in decline

Australia's biggest fund managers have recorded inflow declines in the March quarter that reflect and in some cases exceed those experienced at the height of investor des...

Financial planning

The true cost of advice

The true cost of a client review is $2,500, according to financial planning consulting firm Business Health. But that's a cost many advisers are yet to come to terms with...

Editorial

The flaws and false claims of the proposed MySuper reforms

Many of the MySuper proposals are flawed, according to Robert Keavney, including the reduction of disclosure to members and the introduction of the concept of 'optimal' i...

Financial planning

MLC completes difficult move to fee-for-service

MLC's financial planning businesses have completed a transition to a fee-for-service remuneration structure for all new investment and superannuation clients, a process t...

Financial planning

Financial services recruitment bounces back

The past two years have been hard hitting for the financial services career market. Ashleigh McIntyre takes a look at what is driving its recovery....

Editorial

Demand for financial planners rising

Milana Pokrajac examines how financial services salaries are regaining ground as firms look to strengthen teams and take advantage of improving market conditions....

Financial planning

Money-makers to thrive under fees regime

Industry reforms may lead to changes in adviser recruitment strategies....

Financial planning

Praemium set to take off under fee-for-service

Portfolio administration company Praemium is perfectly placed to take advantage of an impending shift towards a fee-for-service remuneration model in the UK, and plans to...

Editorial

How financial planners can implement a fee-for-service model

Many financial planners today face having to adopt a fee-for-service model. Much more is being written on the need for this than on how to implement it in practice. Rober...