commissions

Financial planning

Fees and commissions: how do you value advice?

The Government has some critical issues to address in the coming months, but how clients choose to pay their advisers is not one of them. ...

Financial planning

Financial services policy review: changing horses in 2009

Thanks to the Rudd Labor Government's first Cabinet reshuffle financial services now has a seat at the Cabinet table but, as Mike Taylor reports, it remains for the indus...

Editorial

Financial planner commissions on borrowed time

Financial planning commissions may not be extinct but they are now a seriously endangered species....

Financial planning

Financial adviser compliance: how much is enough?

Tim King discusses what financial services licensees should be ready for in compliance when a regulator comes knocking. ...

Life/Risk

AFA welcomes exclusion of insurance from IFSA charter

The Association of Financial Advisers has welcomed the exclusion of insurance from the Investment and Financial Services Association's new superannuation charter....

Financial planning

Financial planners increasingly using fee-for-service models

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

Industry bodies express support for IFSA commissions call

Will provide a united voice in addressing the conflicts of interest plaguing advisers' reputation....

Financial planning

IFSA fee-for-service model 'not true to title' – IFFP

Industry Funds Financial Planning has strong reservations about the veracity of the Investment and Financial Services Association's proposed fee-for-service model within ...

Superannuation

IFSA seeks level playing field with new superannuation charter

New guidelines around the payment of product-directed commissions to financial planners is the most significant, but not the only, recommendation in a charter that aims t...

Financial planning

IFSA moves on commissions

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

FPA chief hits out at Choice campaign to ban commissions

Consumer group Choice is lobbying the Government to ban what it describes as "perverse incentives" paid to financial advisers that serve to make the advice consumers rece...

Financial planning

Bowen to legislate against super commissions as 'a last resort'

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...

Editorial

Giving the public an eyeful

It is becoming increasingly obvious that irrespective of the initiatives flagged by the Financial Planning Association, the Australian financial services industry is goin...

Editorial

Financial planning and applying the lessons of the GFC

Financial planners must take the lessons they’ve learnt from the GFC and begin applying them if they hope to survive the next economic upheaval....

Financial planning

Relationships between product providers and planning groups damaging industry

Is this the end of the honeymoon period for the partnerships between product providers and dealer groups? Another submission to the parliamentary inquiry has given a damn...