FEE-FOR-SERVICE

Financial planning

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

image
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...

image
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....

image
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....

image
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...

image
Financial planning

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

image
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....

image
Editorial

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

image
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...

image
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....

image
Financial planning

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

image
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...

image
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...

image
Financial planning

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

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 11 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 12 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago