Commissions likely to stay: HumeBY KARREN VERGARA | THURSDAY, 22 APR 2021 12:32PMThe coalition has hinted that it will not eradicate commissions paid on life insurance products, acknowledging that financial advisers' bottom line has struggled since the introduction of the Life Insurance Framework reforms. Related News |
Editor's Choice
Treasury responds to Debelle's review into the AOFM
Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.
Bravura ups guidance, reports earnings increase
Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.
MaxCap hires from Vanguard, AustralianSuper
MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.
Zenith snags mandate from Granite Bay
Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.
Products
Featured Profile

Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.







Commissions are no different than phone plans. Most people don't want to stump up $2,000 for the latest Samsung 5g phone they will put it on a plan.