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Showing 901 - 910 of 1113 results for "Remuneration"

Investors call planners to charge performance-based fees

RUTH LIEW  |  THURSDAY, 26 AUG 2010
... asset-based fee for service [model] is really like a performance-based fee anyway," he said. Calls for changes in adviser remuneration also go along with increasing client dissatisfaction with fee levels. Around 40 per cent of investors expect to pay ...

More workshops to prep for fee-for-service

ELISE BURGESS  |  THURSDAY, 19 AUG 2010
... Centrestone Wealth Advisory, did research that found only one of the 56 planning groups surveyed said that their remuneration relied totally on fees and no commissions. But the planning industry has moved on since then with systems readily available ...

FSC launches trustmark for consumers

RUTH LIEW  |  THURSDAY, 12 AUG 2010
... commissions will be banned on super from 1 July 2012. The new standards also prohibit the payment of alternative remuneration that is volume based such as soft dollar payments for meeting sales targets, and calculate product performance using a standardised ...

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 ...

Mandatory trustee pay disclosure draws debate

MICHELLE BALTAZAR  |  FRIDAY, 30 JUL 2010
... companies under a different governance structure, I see them there and they lead the way in all the excesses of executive remuneration." "I see a group of funds like Allco and Babcock & Brown and MFS and Centro, I see the Commonwealth Bank getting mixed ...

FPA maintains stance on commission ban

MICHAEL HOBBS  |  THURSDAY, 22 JUL 2010
... chief executive, Mark Rantall, said the industry body would pursue its strategy to move away from commission-based remuneration irrespective of the election result. Rantall said their members, which include the biggest wealth management brands in Australia ...

The octopus on fees versus commissions

ALEX DUNNIN  |  THURSDAY, 15 JUL 2010
An iPhone app based on Paul the Octopus is undecided whether adviser remuneration should tilt towards fee for service rather than stay with commissions as the default payment method. The Ask Octopus app was developed in Brazil by uTouchLabs and is available ...

Praemium preps more advisers to fee-for-service world

RUTH LIEW  |  FRIDAY, 9 JUL 2010
... many medium software providers such as IRESS, Onevue and HUB24, that help enable financial advisers to adjust their remuneration structures based on pending regulatory reforms.

MLC planning arms complete fee-for-service move

MICHAEL HOBBS  |  THURSDAY, 1 JUL 2010
... join Godfrey Pembroke, which moved to a fee for service model in October 2006. NAB Financial Planning introduced the remuneration structure two years later. Richard Nunn, executive general manager of MLC advice and marketing, said the institution is ...

Govt provides flexibility on fee for service

MICHAEL HOBBS  |  TUESDAY, 29 JUN 2010
The government is not mandating financial planners use one remuneration structure over another as it consults with the financial services industry on the Future of Financial Advice reforms. Speaking in parliament last week, Chris Bowen, minister for ...