REMUNERATION

Life/Risk

Insurers still involved in remuneration arrangements regarded as conflicted can expect a tough approach from ASIC....

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Superannuation

The prudential regulator is launching a review of the remuneration policies of regulated institutions and how they tie into organisational implementation of risk culture ...

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Financial planning

JBWere’s new remuneration model for advisers, which reduces reliance on grid commissions, has been welcomed by the SAA....

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Financial planning

Planners working for independent firms are faring better in the pay rise stakes than their institutional counterparts, according to a survey....

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Funds management

More challenging times have seen the remuneration of investment management executives rise only modestly....

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Financial planning

Financial services employers are increasing employee remuneration as a retention strategy for their most valued, according to a report....

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Financial planning

Managed account specialists warn that grandfathering needs to be viewed as a diminishing resource....

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Life/Risk

Rice Warner says upfront life commissions can be justified where advisers have done the hard yards on initial advice....

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Financial planning

Instead of targeting commissions for life insurance products, policy reforms should revisit conflicted remuneration, which hasn’t been properly handled by FOFA, Chan & Na...

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Financial planning

Planning and accounting indsutry stalwart, Robert MC Brown, argues that hourly rates and flat/fixed fees are the answer for a planning industry mired in conflicted remune...

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Policy & Regulation

Conflicted remuneration bans have monumentally changed the way advisers make their money, with the commission model replaced by a move to fixed fees, according to the cor...

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Policy & Regulation

Chan and Naylor’s David Hasib claims conflicted remuneration is still a problem for the planning industry with too many noses in the trough....

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Policy & Regulation

The compliance work involved in running an AFSL has intensified under the FOFA reforms, Ausingroup’s head of wealth management, Mark Morcos believes,...

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Policy & Regulation

The planning industry has welcomed the Government’s FOFA changes most of which will be imposed via regulation but which include a tougher approach to conflicted remunerat...

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Superannuation

AIST has used its initial FSR submission to continue its push against conflicted remuneration, particularly asset-based fees....

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Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

20 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

5 days 14 hours ago
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...

1 week 5 days 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 2 weeks 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 1 week ago

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

9 months 2 weeks ago