remuneration

Financial planning

ISN brands financial advice industry '90 per cent sales'

The ISN has used an ASIC report that found around 90 per cent of income of the top 20 licensees is paid by product providers to reiterate calls for key elements of the FO...

Policy & Regulation

van Eyk calls for FOFA research disclosure

Financial planners should have to clearly disclose the remuneration models of their research providers to clients, according to research house van Eyk's submission on dra...

Life/Risk

MLC launches new insurance offer

MLC has come out with a new insurance product, aptly named MLC Insurance, which marked the culmination of the company's integration with Aviva....

Policy & Regulation

van Eyk calls for FOFA research disclosure

Financial planners should have to clearly disclose the remuneration models of their research providers to clients, according to research house van Eyk's submission on dra...

Financial planning

Australian finance professionals most satisfied

Australian finance professionals have the highest job satisfaction in the Asia Pacific region, according to a survey conducted by eFinancialCareers....

Financial planning

Elixir launches financial planning pricing research

Elixir Consulting has launched a follow-up survey to its Adviser Pricing Models Research which looks at obstacles and methods used by financial planners in creating a fee...

Financial planning

Some financial planners in the dark on research models

A significant proportion of financial planners are unaware of the business model of their research providers, a Money Management survey suggests....

Superannuation

APRA proposes superannuation fund standards

New governance standards for superannuation funds may still fall short of demands for greater transparency....

Policy & Regulation

Second FOFA tranche hard on soft dollar

The Government's second tranche of its FOFA legislation has come down hard on shelf space fees, soft dollar and offshore conferences....

Financial planning

Tell potential clients what financial planners do, says Galagher

As the financial planning industry moves towards a fee-for-service environment, there is a pressing need to ensure clients understand exactly what they are paying for, ac...

Superannuation

Removing accountant exemption good for SMSFs

If the accountant's exemption is removed when the second tranche of draft Future of Financial Advice (FOFA) legislation is released shortly, it will have positive implica...

Superannuation

Push to make superannuation fund group mandates transparent

Core elements of the financial planning industry are calling for greater regulatory scrutiny of the contractual arrangements underpinning the multimillion dollar group in...

Financial planning

Fees not top of mind for financial planning clients

Retail clients do not give too much thought to the remuneration model their financial planner operates on, but fee for service provides transparency and value, according ...

Financial planning

Two-strikes rule puts remuneration in the spotlight

More companies are choosing to focus on remuneration practices following the introduction of the controversial 'two-strikes' rule, according to the latest AMP Capital Cor...

Funds management

Fund managers need performance standards

A trend towards low performance hurdles and high outperformance fees among fund managers has drawn criticism from ratings houses amid suggestions there should be an indus...