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Showing 671 - 680 of 1113 results for "Remuneration"

Industry insurance report to focus on advice remuneration model

LAURA MILLAN  |  FRIDAY, 30 JAN 2015
... and the Association of Financial Advisers (AFA) life insurance working group will largely focus on risk advisers' remuneration structures. The report is expected to be completed before March 31, when submissions for the final Financial System Inquiry ...

Managed accounts boost advice business valuations

ALEX DUNNIN  |  WEDNESDAY, 21 JAN 2015
... business value because they are able to pass on lower fees to their clients which helps increase their own practice's remuneration. The attractiveness of managed accounts is why most major wealth management groups now provide access to these new platforms ...

Adviser remuneration "critical": Trowbridge Interim Report

ALICE URIBE  |  THURSDAY, 18 DEC 2014
The quality of advice and the remuneration of adviser incentives were raised as "critical" areas in the interim report of the Life Insurance and Advice Working Group (LIAWG) established by the Association of Financial Advisers (AFA) and the Financial ...

Macquarie executive tops industry salary survey

MARK SMITH  |  WEDNESDAY, 10 DEC 2014
... figures compiled by the Australian Financial Review, Moore received a total of $13.1 million in 2014, up 48% on the remuneration he received last year. Henderson's Andrew Formica was the next highest paid executive with total pay of $8.2 million while ...

Change insurance commissions to fight churning: FSI

LAURA MILLAN  |  SUNDAY, 7 DEC 2014
... the issues in life insurance, Government should revisit banning commissions." The report acknowledged the fact that remuneration models need to be sustainable, "otherwise there is a risk that providers may exit the market, making it more difficult for ...

Financial System Inquiry recommendations wrap

STAFF WRITER  |  SUNDAY, 7 DEC 2014
... those of consumers by raising industry standards, enhancing the power to ban individuals from management and ensuring remuneration structures in life insurance and stockbroking do not affect the quality of financial advice. Raise the competency of advisers ...

Industry welcomes grandfathering deal

LAURA MILLAN  |  WEDNESDAY, 26 NOV 2014
... advice industry and enable advisers to move licensees with their clients whilst continuing to receive grandfathered remuneration. Also, amendments to the education provisions are being introduced so that training benefits that relate to financial services ...

FPA shines light on "catch-all" dilemma

LAURA MILLAN  |  TUESDAY, 25 NOV 2014
... that." Bobbin highlighted that advisers need to be aware of basic conflicts of interest. He described conflicted remuneration as "any benefit to an AFSL or its representatives that could be expected to influence choices on product recommendations or ...

Original FoFA laws take immediate effect

JAMES FERNYHOUGH  |  THURSDAY, 20 NOV 2014
... systems changes. ASIC recognises this issue may arise in particular areas, including fee disclosure statements and remuneration arrangements." Legislative instruments differ from primary legislation in that they do not need to be voted in by parliament ...

Cormann to keep up the FoFA fight

ALICE URIBE  |  THURSDAY, 20 NOV 2014
... advisers to act in the best interests of their clients remained in full. Our reforms ensured that the ban on conflicted remuneration remained in place in full. But of course what we have done is to ensure that we cut the unnecessary red tape."