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FEE-FOR-SERVICE
Editorial
The Financial Planning Association has clearly defined the difference between planners and accountants and why one size does not fit all with respect to remuneration, Mik...
Financial planning
Charging commissions for life/risk advice may be more professional than a fee-for-service model as they were only paid if advisers achieved a claim result for clients, Sy...
Accounting
Count Financial points to utility of fee-for-service for accountants entering financial planning space....
Life/Risk
Lawyer warns that LIF legislation, as currently drafted, could see adviser fees counted as part of capped benefits....
Features
Col Fullagar considers the difference between service and financial advice within the adviser value proposition framework amidst the debate around adviser remuneration mo...
Financial planning
Financial advisers need to start thinking about flat fee for service arrangements becoming the new normal....
Financial planning
FSGs should be part of the national register of advisers to prevent consumers getting skewed information from commercially operated websites. ...
Life/Risk
ASIC’s upcoming report on risk insurance churn is likely to lead to further debate on removing commissions but would overlook the related costs of advice according to Syn...
Financial planning
Advisers urged to charge clients flat fees instead of claiming commissions, to avoid conflicts of interest. ...
Financial planning
Moving licensees or client books should not trigger an automatic loss of grandfathered revenue, according to financial services lawyer. ...
Financial planning
Bombora new signing moves across from Lonsdale Financial Group....
Funds management
Former fund manager claims actively managed funds’ fees charge investors more than once for same services....
Financial planning
FOFA regulations require planners to outline platform and investment choices in SOAs....
Financial planning
Having a successful discussion with clients about fees can revolve around emphasising service delivery rather than value....
Financial planning
Financial planners might struggle to articulate their value to passive clients come fee disclosure statement time, according to Elixir Consulting’s Sue Viskovic....
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MARKET INSIGHTS
Podcast
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...