Insurers still involved in remuneration arrangements regarded as conflicted can expect a tough approach from ASIC....
The prudential regulator is launching a review of the remuneration policies of regulated institutions and how they tie into organisational implementation of risk culture ...
JBWere’s new remuneration model for advisers, which reduces reliance on grid commissions, has been welcomed by the SAA....
Planners working for independent firms are faring better in the pay rise stakes than their institutional counterparts, according to a survey....
More challenging times have seen the remuneration of investment management executives rise only modestly....
Financial services employers are increasing employee remuneration as a retention strategy for their most valued, according to a report....
Managed account specialists warn that grandfathering needs to be viewed as a diminishing resource....
Rice Warner says upfront life commissions can be justified where advisers have done the hard yards on initial advice....
Instead of targeting commissions for life insurance products, policy reforms should revisit conflicted remuneration, which hasn’t been properly handled by FOFA, Chan & Na...
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...
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...
Chan and Naylor’s David Hasib claims conflicted remuneration is still a problem for the planning industry with too many noses in the trough....
The compliance work involved in running an AFSL has intensified under the FOFA reforms, Ausingroup’s head of wealth management, Mark Morcos believes,...
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...
AIST has used its initial FSR submission to continue its push against conflicted remuneration, particularly asset-based fees....
The FSC should have thought about this when they cooperated with O'Dywer/Frydenberg/Hume/FPA/AFA 10 years ago when this...
Sick of it. Canberra is a joke....
This is really concerning.... C'mon Canberra, sort this nonsense out. ...