FPA proposes risk commission capBY DARREN SNYDER | TUESDAY, 5 MAY 2015 11:20AMAustralia's main financial planning associations have revealed their views on the risk advice remuneration models that the industry should adopt following the release of the Trowbridge report. Related News |
Editor's Choice
Advisers should rethink portfolio construction: La Trobe
|La Trobe Financial has urged advisers to broaden portfolio construction beyond traditional equity and bond allocations, arguing that slowing productivity, persistent inflation risks and changing market dynamics require greater focus on real assets and private credit.
Sequoia caves into InterPrac sale undertaking, ASIC withdraws proceedings
|With ASIC withdrawing legal proceedings against Sequoia Financial Group after it entered an undertaking not to put the Cross Deed of Guarantee at risk tied to the sale of InterPrac Financial Planning, the group remains coy about the deal with Conquest Investment Management going ahead.
Pinnacle profits up amid heightened expenses
|Despite heightened expenses of $95.3 million in FY26, reflected by losses from its principal investments, Pinnacle Investment Management (ASX: PNI) saw its net profit after tax (NPAT) surge to over $30 million, with affiliates' funds under management (FUM) also gaining $50 billion, in the 12 months ...
ASIC consults to improve flexibility around pre-IPO comms
|ASIC has released a proposal to provide companies greater flexibility when listing on the public market to publicise their upcoming initial public offering (IPO).
Videos
Brought to you by ![]()
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
If I read this correctly the FPA is saying ongoing commissions (renewals) are not important compared to initial. Please tell me if I'm wrong. If I'm correct in my understanding they have their head in the clouds and no experience as risk advisers looking after clients on a daily basis. This is at least as time consuming as initiation of a policy in many cases. FPA appears to have no clue about risk and what is involved. This fluff they come out with is counterproductive. Appreciate them trying to help but rather they stay out of the way and let the adults involved in proper risk advice get on with it.