FEE-FOR-SERVICE

Financial planning

A survey of planners reveals most believe removing commissions will help the industry but not necessarily their own businesses....

Financial planning

While recent government announcements mean Australia's financial planners are facing significant change, Damon Taylor writes that the shift in policy direction was well t...

Financial planning

More than half of the financial planning practices surveyed by Centurion Market Makers have already transitioned to an explicit fee-for-service or asset-based fee model....

Funds management

Advisers expect the switch from commission-based selling to fee-for-service will boost their use of exchange-traded funds (ETFs) over the next 12 months, according to new...

Financial planning

AMP reiterates plans to scrap commissions by 1 July in favour of a fee-for-service model at its annual general meeting....

Financial planning

Government reforms to commissions could provide an opportunity for planners to launch their own boutique advisory practice by taking on lower tier clients hived off by co...

Financial planning

Investment Trends research reveals the industry’s intention to move to asset-based fee-for-service arrangements....

Financial planning

The potential ban on volume rebates will be a cause of concern for a number of dealer groups currently dependent on their payment for survival....

Editorial

The debate about financial advice commissions has moved onto insurance products....

Financial planning

Industry calls to develop more transparent fee structures in superannuation are fuelling demand for software companies to provide increased client information from admini...

Financial planning

Advisers need to be more confident about their value propositions for life insurance, according to the chief executive of Tower Australia, Jim Minto....

Financial planning

Godfrey Pembroke has been unable to provide details of how a shift towards fee for advice payments will be achieved....

Financial planning

Cerulli predicted that only five master trust and wrap account providers would survive a round of price wars and industry consolidation by 2004. Is it possible they got t...

Editorial

The recent announcement by the Australian Clearing House that it has added the first ETF to its list of acceptable collateral represents a watershed moment in the life of...

Financial planning

CFS Custom Solutions has entered into a white label agreement to provide a platform solution for Guardian Financial Planning....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 4 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 3 days ago