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Showing 941 - 950 of 1113 results for "Remuneration"

Planners locked out of SMSFs

MICHAEL HOBBS  |  WEDNESDAY, 16 DEC 2009
... fastest growing superannuation sector. The Cooper Review's Phase Three - Issues Paper raises the financial planning remuneration issue and questions the need to restrict the remuneration for advice to SMSFs to a fee-for-service model. The paper suggests ...

Securitor adds planners and expands research

MICHAEL HOBBS  |  WEDNESDAY, 9 DEC 2009
... the government chooses to implement following the Ripoll Inquiry, as most of their planners use a fee for service remuneration model. "We haven't felt the need to go and make [mandate a change to fee for service] because we are a predominantly a fee ...

AFA doubles in four years

PRESS RELEASE  |  TUESDAY, 8 DEC 2009
... the AFA, said its membership is increasingly concerned about the effect of the industry fund movement on adviser remuneration. "Our adviser community felt they were under siege and decided it was time to make public the very important value they deliver ...

Planners should already be fiduciaries

ALEX DUNNIN  |  MONDAY, 30 NOV 2009
... particular client by recommending financial products?" Power said the wealth management industry is looking at this remuneration issue from the wrong side. "Perhaps the advisers can claim until the client accepts the plan, they don't have to operate ...

VISSF appoints mandate with State Trustees

RUTH LIEW  |  THURSDAY, 26 NOV 2009
... evaluation process, noted a statement from the fund. An important factor in the appointment was the fee-for-service remuneration structure State Trustees implemented in its organisation. All commissions are rebated back to members, said the fund. "As ...

Ripoll recommends investor compensation fund

MICHAEL HOBBS  |  TUESDAY, 24 NOV 2009
... by which to cease payments from financial products manufacturers to financial advisers. "The committee notes that remuneration structures that are incompatible with a financial adviser's proposed fiduciary duty [referring to the PJC's first recommendation] ...

Planners brace for fiduciary revolution

ALEX DUNNIN  |  TUESDAY, 24 NOV 2009
... highlighted by Joe Hockey shadow treasurer in his speech to the FPA conference last week - to be incompatible with such remuneration models. The implications for insurance specialist advisers as well as investment advisers could be significant. It is ...

Remuneration dilemma

MICHAEL HOBBS  |  MONDAY, 23 NOV 2009
... planners should receive payment by the hour, charge a fee or accept a commission is irrelevant because all forms of remuneration present a conflict of interest. Speaking at the Financial Planning Association of Australia (FPA) National Conference in ...

Libs reject planner commissions ban

MICHAEL HOBBS  |  FRIDAY, 20 NOV 2009
... arguing that mandating planners to have a fiduciary obligation towards their clients takes away the need for planner remuneration reforms. Speaking at the Financial Planning Association of Australia's (FPA) National Conference, Hockey said it should ...

Faith in fee for service

MICHAEL HOBBS  |  FRIDAY, 20 NOV 2009
... McKenzie, financial planner at Planning for Life, said one of the biggest challenges in implementing a fee-based remuneration approach came from the firm's planners. "This was a massive learning curve for advisers because they really didn't believe people ...