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Showing 951 - 960 of 1114 results for "Remuneration"

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 ...

Coalition against commissions

RUTH LIEW  |  WEDNESDAY, 18 NOV 2009
... Unions, has launched a national advertising campaign targeting regulatory reform that abolishes commission-based remuneration for planners. The campaign aims to win regulatory reform to require financial planners to 'act in their client's best interests' ...

Praemium tailors Wrap for fee-for-service

MICHELLE BALTAZAR  |  TUESDAY, 17 NOV 2009
... said that to date, V-Wrap is used by around 200 planning firms, all of which have moved away from commission-based remuneration and are charging clients fixed fees. Under Universal Wrap, these firms can now avail of lower-than-industry costs on admin ...

Opt out, bailed out

MICHELLE BALTAZAR AND RUTH LIEW  |  TUESDAY, 10 NOV 2009
... referring to professional advisers only. The associations also called for reforms on client compensation and planner remuneration.

Finance firms must highlight career opps

MICHAEL HOBBS  |  FRIDAY, 30 OCT 2009
... Fiona Reed, global head of talent & leadership at ANZ, said because many firms cannot afford to pay high levels of remuneration, they must demonstrate the career opportunities they can provide. "There's going to be a huge focus on career development ...

Macq reveals exec pay proposal

MICHAEL HOBBS  |  FRIDAY, 30 OCT 2009
Macquarie Group capped off the half-year with a string of major acquisitions and more detail on their proposed remuneration structure first flagged in March. In describing their plan to continue their transformation from investment bank to a properly ...

BTIM attracts $1bn in net flows

MICHAEL HOBBS  |  THURSDAY, 29 OCT 2009
... Indeed, the results report said BTIM had cut staff late in the financial year 2008 and implemented a lower variable remuneration component driven by falling profits. "We have continued to focus on managing our client's funds, delivering strong investment ...

Drop commissions or get off APL: AMP

MICHAEL HOBBS  |  TUESDAY, 27 OCT 2009
... its half-year results presentation in August that its financial planning business will move to a "no commission" remuneration model by June next year. "We had fund managers in and told them that if you want to be on our APL from next year, that's how ...

Frontier takes tough stance against asset-based fees

MICHELLE BALTAZAR  |  MONDAY, 26 OCT 2009
... model could potentially force fund managers to introduce additional risks in the portfolio to maximise their value. A remuneration outside the asset-based fee model could also introduce other unintended consequences. For example, a fixed 30-basis points ...

FPA board approves move away from commissions

COMPANY RELEASE  |  FRIDAY, 23 OCT 2009
The Financial Planning Association of Australia's board has approved the association's remuneration policy that moves its members away from a commission-based model by July 2012. The FPA received more than 250 responses to its consultation paper "Financial ...