Banks suspected of pocketing grandfathered commissionsBY JAMES FERNYHOUGH | TUESDAY, 24 JUN 2014 12:25PMBanks could be pocketing grandfathered commissions rather than passing them on to financial advisers, Industry Super Australia (ISA) has warned. Related News |
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
Some years ago, at a marketing promotion of CBA, I put the question about the benefit of investing directly with CBA rather than using a planner -- it was made very clear that the same commission and 'trail' would be taken by CBA "to protect their relationships with planners'.