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| | | ... implementing their advice through managed accts can clearly show that the advice was not tied to a fund or a volume-based remuneration system." According to IMAP, the reforms will see the emergence of managed accounts for advisers. "Managed accounts ... |
| | | | ... practice guides and those recommendations, which will include things around transparency and disclosure on things like remuneration policies, conflict policies, and gifts and entertainment policies. |
| | | | ... the right track with talk of new products in the next financial year, as well as disclosure of the firm executive remuneration policy. In a year that saw the group hire a new chief executive, restructure its private wealth and corporate businesses and ... |
| | | | ... confident that what we have in parliament at the moment is heading in the right direction." Ripoll said that conflicted remuneration was at the core of FOFA and that with professional status comes responsibility. "The Best Interest test seems so obvious ... |
| | | | ... transparency of payments and commissions long before FOFA was introduced, while these groups continue to have conflicted remuneration structures that lack transparency," said Mark Rantall, chief executive, FPA. "We would be interested in hearing these ... |
| | | | ... date." In January, Lonsec awarded the Core Australian Equity Fund a 'highly recommended' rating, commending Solaris' remuneration structure that boasts a high alignment of interests. Lonsec noted that 75 per cent of an analysts' variable remuneration ... |
| | | | ... compared to 64% in Hong Kong and China, and 63% in Singapore. According to the research, intellectual challenge, remuneration and benefits, work/life balance and opportunities for promotion are the key work motivators for finance professionals in Australia. ... |
| | | | The Australian Prudential Regulation Authority will demand greater transparency on board selection, remuneration and manager selection and insist upon higher capital holdings among super funds. APRA, which is entitled to set prudential standards from ... |
| | | | The Government's release of the second tranche of its Future of Financial Advice Reforms has provided few surprises, reinforcing plans to ban conflicted remunerations and soft dollar arrangements. Given the level of fanfare that has surrounded the entire ... |
| | | | ... stance. Mark Rantall, chief executive, said the FPA supported the ban of investment commissions and other conflicted remuneration as it will "promote trust and confidence in financial advice and provide a better outcome for all consumers," while also ... |
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