REMUNERATION
Editorial
Financial planning commissions may not be extinct but they are now a seriously endangered species....
Financial planning
Consistent with industry moves to phase out commission-based remuneration models for financial planners, a recent report shows advisers have increasingly opted for fee-fo...
Financial planning
The Investment and Financial Services Association has confirmed its members will create a clear divide between product and financial advice costs from next year....
Financial planning
New Federal Financial Services Minister Chris Bowen would consider legislating against the use of commissions as remuneration in the superannuation industry "as a last re...
Financial planning
The payments made by product providers and investment platforms - otherwise known as volume bonuses and shelf space fees - are beginning to be questioned, but rebates at ...
Financial planning
The advisers who will now offer their services to the remaining book of former Storm Financial clients do not accept commissions, nor do they employ gearing strategies, a...
Financial planning
National law firm Slater & Gordon is looking at a possible class action on behalf of investors in Great Southern, and one of the key aspects of a possible case will be wh...
Financial planning
The Australian financial planning industry is again the subject of severe criticism over the collapse of an agricultural managed investment scheme specialist, Great South...
Financial planning
Salary freezes and reductions, job cuts and drawn-out recruitment processes: challenging times lie ahead, but the diversity of the financial services sector means a varie...
Financial planning
The Australian Prudential Regulation Authority has warned banks and other deposit-taking institutions that risky remuneration policies may generate the imposition of high...
Financial planning
Government moves to stamp out risky investment behaviour will lead to greater scrutiny of remuneration in the financial services sector, particularly at the executive lev...
Financial planning
Financial planners are venting their frustrations regarding real and perceived conflicts of interest created by commission payments to the parliamentary inquiry into the ...
Editorial
Perpetual chairman, Robert Savage forecasts a more than 50 per cent reduction in profit for the 2009 financial year despite cost-savings and a salary freeze....
Financial planning
A number of financial services companies, including advice firms, could have to review their employee share options for next year in line with the Federal Budget provisio...
Financial planning
Col Fullager puts risk insurance adviser commissions under the microscope....
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MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...