Financial planning commissions may not be extinct but they are now a seriously endangered species....
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...
The Investment and Financial Services Association has confirmed its members will create a clear divide between product and financial advice costs from next year....
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...
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 ...
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...
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...
The Australian financial planning industry is again the subject of severe criticism over the collapse of an agricultural managed investment scheme specialist, Great South...
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...
The Australian Prudential Regulation Authority has warned banks and other deposit-taking institutions that risky remuneration policies may generate the imposition of high...
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 planners are venting their frustrations regarding real and perceived conflicts of interest created by commission payments to the parliamentary inquiry into the ...
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....
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...
Col Fullager puts risk insurance adviser commissions under the microscope....
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...