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

Why the reforms to financial planning should come as no surprise

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

Consumer awareness, not reviews, drive industry change

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

'New era' for financial services, says AMP

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

Financial planning

Reforms create opportunities

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

Asset-based fees the preferred alternative

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

Financial planning

Bowen targets volume rebates

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 shifts to insurance

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

Financial planning

Push for software to fill client data void

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 told to push value proposition

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

No details on Godfrey Pembroke move to fees

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

Financial planning

Are Cerulli's predictions for master trust and wrap account providers coming to pass?

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

Fee-for-service model drives ETF breakthrough

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...