commissions

Financial planning

BT Financial Group is consulting with the Government and regulators in an effort to convince legislators that investment platforms are service, not product, providers, an...

Funds management

BDM of The Year - John Negri

A passion for business and a keen desire to promote financial education has helped John Negri, BDM at Perennial Investment Partners, secure the coveted prize of the 2010 ...

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...

Editorial

Financial planning commissions going the way of the dodo

The move towards a commissions-free financial planning industry is inevitable, writes Mike Taylor....

Life/Risk

Understanding risk insurance

The risk insurance industry is fraught with complexities. Angela Faherty takes a look at the challenges facing the sector, and how it can work to better educate consumers...

Life/Risk

Regulators must proceed with caution on insurance commissions

Regulators need to tread carefully if they consider extending the proposed ban on commissions to risk insurance....

Financial planning

One in four will leave industry, says Radar Results

A poll conducted by Radar Results has confirmed other industry research about negative financial planner attitudes following the announcement of the Future of Financial A...

Editorial

Fee-based insurance the industry's way forward

The insurance industry has a chronically high cost structure, is structurally flawed, and carries a bias against level premium policies, writes Robert Keavney. However, r...

Editorial

Commissions-based remuneration of insurance not the problem

Sean Graham dissects the arguments made by industry super funds and some financial planners of the commissions-based remuneration of insurance in recent issues of Money M...

Financial planning

How to avoid common mistakes when tailoring Statements of Advice

Frank Smith explains the importance of financial advisers tailoring Statements of Advice and how to avoid common mistakes....

Financial planning

FUM gatherers versus advisers

Questions remain over the ability of financial advisers employed by financial product manufacturers to meet the fiduciary duty requirements proposed as part of the Rudd G...

Financial planning

Asset-based fees not an easy fix

Switching from commissions-based remuneration to flat fees can be a "huge mental shift" for some advisers, but Elixir Consulting managing director Sue Viskovic warns that...

Financial planning

Advisers should change more than just commissions

Advisers should utilise the proposed overhaul of financial advice as an opportunity to review more than just their remuneration structure, according to Strategy Steps dir...

Financial planning

Bowen reforms death knell for mid-tier groups?

Dealer groups owned by product providers will prosper while mid to large-scale independent planning groups may struggle to survive under financial advice industry reforms...