Financial Standard Comments - Sinodinos hints at relaxing conflicted remuneration rules Assistant Treasurer Arthur Sinodinos has suggested that some forms of remuneration currently regarded as conflicted may be allowed under the government's amendments to the Future of Financial Advice (FoFA) reforms. https://www.financialstandard.com.au/feed/latest?story=36178325 Fri, 15 Nov 2013 11:51:22 +1100 Fri, 15 Nov 2013 11:51:22 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by Paul Herring (PCH Financial)

It's high time some reason returned to the financial services industry. Opt-in is so dangerous for both advisers and their clients because of human inertia (some businesses have done very well from human inertia).

Ditto for conflicted remuneration. The industry is already over-regulated and the former government seemed intent on adding to the onerousness of it.

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]]> Paul Herring (PCH Financial) Fri, 15 Nov 2013 11:51:22 +1100 Comment by Matt Johnson (Nil) I agree wholeheartedly Paul Herring. Let conflicts of interest continue to rule financial advisers' remuneration package!

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]]> Matt Johnson (Nil) Wed, 27 Nov 2013 11:49:56 +1100