remuneration

Policy & Regulation

The compliance work involved in running an AFSL has intensified under the FOFA reforms, Ausingroup’s head of wealth management, Mark Morcos believes,...

Policy & Regulation

Govt’s FOFA changes tighten up on conflicted rem

The planning industry has welcomed the Government’s FOFA changes most of which will be imposed via regulation but which include a tougher approach to conflicted remunerat...

Superannuation

AIST continues push on conflicted remuneration

AIST has used its initial FSR submission to continue its push against conflicted remuneration, particularly asset-based fees....

Funds management

Charter Hall MDs agree new pay deal

Fund manager Charter Hall has agreed new contracts with its joint managing directors....

Financial planning

Online learning modules launched

The Fold Legal launches three new online learning modules in its Financial Advice Series....

Financial planning

Financial services executive salaries subject to claw-back

A new survey reveals how financial services companies are ensuring they can actually claw-back salaries from executives....

Financial planning

Grandfathering in limbo until post-election

Dealer group recruitment is mostly frozen until after the Federal Election when grandfathering can be clarified. ...

Policy & Regulation

Gearing instalments’ FOFA impact

Planners receiving remuneration based on clients’ gearing instalments may have to adjust pre-FOFA....

Policy & Regulation

ASIC excessive on conflicted remuneration: Tria

Some measures within ASIC’s guidance on conflicted remuneration appear to be excessive, according to Tria Investment Partners managing director Andrew Baker....

Funds management

Investment banking salaries being driven down

Investment banks in Australia are in the process of cutting the salaries of new local hires on the back of falling revenue. ...

Financial planning

Advisers must put client bases under the microscope

Risk advisers with old portfolios need to go through their client bases and dig out any investment income, according The Risk Store founder Sue Laing....

Financial planning

What every financial adviser needs to know about FOFA

There are terms hidden in the upcoming Future of Financial Advice (FOFA) legislation that every financial planner must be familiar with. ...

Editorial

ASIC turns the idea of 'innocent until proven guilty' on its head

The Australian Securities and Investments Commission has outlined the draft ground rules on conflicted remuneration and, as Mike Taylor writes, there are inevitable impac...

Financial planning

Planner bonuses defy FOFA

Financial planning groups are restructuring salary models to make sure their planners are rewarded after the ban on commissions officially comes in on 1 July 2013....

Editorial

Why income protection is behind the times

Many definitions within life insurance have been subject to drastic changes as time rolled past. However, Col Fullagar notes income-protection cover definition is one of ...