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Showing 181 - 189 of 189 results for "Conflicted remuneration"

Financial Planners want level playing field on commissions

ALISON BEVEGE  |  WEDNESDAY, 6 JUL 2011
Stockbrokers should be subject to the same rules on conflicted remuneration and commissions as the rest of the financial services industry and not seek special dispensation, financial planners have said. Stockbrokers have reportedly asked to be exempted ...

Industry funds, independent platforms stand up for FOFA reforms

ALISON BEVEGE  |  WEDNESDAY, 1 JUN 2011
... McKeage, chief executive of independent unified managed account platform OneVue, said those benefiting from conflicted remuneration should be celebrating that they had got away with it for so long, not complaining that the punch bowl was to be taken ...

Less conflict, more interest: FOFA

MICHELLE BALTAZAR  |  THURSDAY, 28 APR 2011
... the proposed FOFA reforms, Assistant Treasurer Bill Shorten said the changes, particularly the ban on 'conflicted remuneration', can only improve the planning industry's public image and encourage more Australians to get financial advice. The next couple ...

Top CEOs back statutory fiduciary duty for advisers

MICHELLE BALTAZAR  |  MONDAY, 9 AUG 2010
... quality of advice. The introduction of statutory fiduciary duty came first, followed closely by removal of conflicted remuneration structures and the provision of more advice through super. Giving ASIC more powers, another critical FOFA reform, was well ...

Govt consults on advice reforms

GOVERNMENT RELEASE  |  TUESDAY, 18 MAY 2010
... exemption and adviser charging," he said. "There will also be consultation about whether to extend the ban on conflicted remuneration structures to risk insurance." Treasury is holding information sessions on the reform package in Sydney and Melbourne. ...

Shadforth ramps up client book-buying strategy

MICHAEL HOBBS  |  MONDAY, 17 MAY 2010
... looking to leave the market. He said the government's financial advice reforms, which proposed banning conflicted remuneration, such as trail commissions, volume rebates and bonuses, is forcing many practice owners to assess their future in the industry. ...

Industry prepares for new advice era

MICHELLE BALTAZAR AND RUTH LIEW  |  TUESDAY, 27 APR 2010
... property group Westpoint and financial planning firm Storm Financial. Central to the reforms is the ban on conflicted remuneration, such as trail commissions, volume rebates and bonuses, and shelf fees paid to platforms. Instead, the government proposes ...

Super fund exec pay under fire

MICHELLE BALTAZAR  |  WEDNESDAY, 30 SEP 2009
... could pose a setback to the industry funds movement, which has long campaigned against advisers and their conflicted remuneration and trail commission model. GESB could also prove a test case for the Cooper Review, which is currently reviewing the governance ...

CHOICE wants commissions banned

MICHELLE BALTAZAR  |  MONDAY, 15 JUN 2009
... CHOICE launched a new campaign this month calling for a ban on commission-based remuneration and other conflicted remuneration to advisers. Titled 'Financial advice: is it in your interest?' campaign, the association is attacking what it believes is ...