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Showing 1 - 10 of 49 results for "Adviser remuneration"

AFA hits back at QAR submissions from Choice, ISA

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
... financial advice when they desperately need it," the AFA stated. Choice has made recommendations related to adviser remuneration, including banning life insurance commissions and asset-based fees. Choice claims that life insurance commissions "create ...

Count Financial adds member firm

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
... not ensure its financial advisers did not contravene their legal obligations to clients, failed to ensure adviser remuneration was free from conflict, act in the best interests of customers nor provide services when fees were charged. Count Financial ...

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... not ensure its financial advisers did not contravene their legal obligations to clients, failed to ensure adviser remuneration was free from conflict, act in the best interests of customers nor provide services when fees were charged. Count Financial ...

No single solution for advice: CFA

HARRISON WORLEY  |  TUESDAY, 14 MAY 2019
... transparency and disclosure need to be offered to customers around all fees and costs that they may incur including adviser remuneration and platform fees," CFA Societies Australia Advocacy Council chair Stephen Dunne said. "We believe the future of ...

AFA takes red pen to Hayne report

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
... received by ASIC and External Dispute Resolution schemes. There does not seem to be an understanding that adviser remuneration, both upfront and ongoing, must be approved by the client, in writing, otherwise it can't be paid. "Their opinion of the financial ...

Count Financial seeks new GM

JAMIE WILLIAMSON  |  MONDAY, 7 JAN 2019
... executive manager, business delivery at Count Financial. Prior to this he was a project manager, responsible for adviser remuneration and incentives. CBA executive general manager of advice Hugh Humphrey described Spurr as a much-respected member of ...

ASIC permanently bans former Apogee adviser

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... Following an investigation, ASIC determined Saad falsified figures and details in client statements of advice and adviser remuneration fee forms provided to Nulis and Apogee. He failed to act in the best interests of his clients and had not provided ...

Royal Commission an opportunity: Anderson

JAMIE WILLIAMSON  |  THURSDAY, 11 OCT 2018
... said. Though, there are elements that require greater education and discussion, particularly the issue of adviser remuneration. Anderson said there is no question that there is misconduct occurring. However, a blanket solution for fee structures is not ...

RC interim report is fair: Spot poll

KARREN VERGARA  |  MONDAY, 8 OCT 2018
... appears to have ignored submissions on the issues raised throughout the Commission and focuses largely on adviser remuneration - an issue the association said does not require review. The Australian Banking Association chief executive Anna Bligh said ...

Royal Commission interim report flawed

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
... previous submissions made by the body. The report's discussion of advice focuses its attention largely on adviser remuneration - an issue the association said does not require review. Reaffirming its defence of grandfathered commissions, the AFA ...
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