REMUNERATION

Editorial

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

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Financial planning

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

The Investment and Financial Services Association has confirmed its members will create a clear divide between product and financial advice costs from next year....

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Financial planning

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...

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Financial planning

The payments made by product providers and investment platforms - otherwise known as volume bonuses and shelf space fees - are beginning to be questioned, but rebates at ...

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Financial planning

The advisers who will now offer their services to the remaining book of former Storm Financial clients do not accept commissions, nor do they employ gearing strategies, a...

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Financial planning

National law firm Slater & Gordon is looking at a possible class action on behalf of investors in Great Southern, and one of the key aspects of a possible case will be wh...

Financial planning

The Australian financial planning industry is again the subject of severe criticism over the collapse of an agricultural managed investment scheme specialist, Great South...

Financial planning

Salary freezes and reductions, job cuts and drawn-out recruitment processes: challenging times lie ahead, but the diversity of the financial services sector means a varie...

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Financial planning

The Australian Prudential Regulation Authority has warned banks and other deposit-taking institutions that risky remuneration policies may generate the imposition of high...

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Financial planning

Government moves to stamp out risky investment behaviour will lead to greater scrutiny of remuneration in the financial services sector, particularly at the executive lev...

Financial planning

Financial planners are venting their frustrations regarding real and perceived conflicts of interest created by commission payments to the parliamentary inquiry into the ...

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Editorial

Perpetual chairman, Robert Savage forecasts a more than 50 per cent reduction in profit for the 2009 financial year despite cost-savings and a salary freeze....

Financial planning

A number of financial services companies, including advice firms, could have to review their employee share options for next year in line with the Federal Budget provisio...

Financial planning

Col Fullager puts risk insurance adviser commissions under the microscope....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 1 day ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 5 days ago