|Search Results||Showing 1 - 10 of 92 results for "grandfathered commissions"|
|... building the platform to provide different product options." The platform also commented that with grandfathered commissions coming to an end by 31 December 2020, it expects significant transition opportunities. In terms of staffing, the platform has ...|
|... commissions [would have] made the product fail." The AIOFP's High Court challenge to stop the banning of grandfathered commissions recently fell over after it failed to reach its funding target.|
|... major institutions to leave the advice space and greater scrutiny from ASIC. Touching on the issue of grandfathered commissions, Kewin said: "The key legislative change that has been enacted so far is the ban on grandfathered commissions which, while ...|
|... currently receive about 8% of their revenue, on an average, from investment commissions. This includes grandfathered commissions which are set to be phased out by January 1 next year. De Gori said the FPA supports the removal of on-client directed fees ...|
|... Financial Professionals has failed to raise the necessary funds to mount its High Court challenge to retain grandfathered commissions. The AIOFP has confirmed the High Court challenge to fight the banning of grandfathered revenue will not go ahead. The ...|
|... revenue from investment commissions, with the majority of this being phased out by 1 January 2021 when grandfathered commissions will cease. "The FPA supports the government's efforts to improve the quality of financial advice that all Australians receive. ...|
|... institutions restructure their wealth functions, with many heading for the exit. We've seen the banning of grandfathered commissions and continued reduction in life insurance commissions. We've seen major increases to compliance requirements ...|
|... Those present spoke of being overwhelmed by a "perfect storm" of change - with new education standards, grandfathered commissions being wound up, business values being downgraded and widespread licensee consolidation. "The message from the conference ...|
|... $425, which only covers at most one hour of a client review or change time," the research states. "Grandfathered commissions from pre-2018 policies are much lower than 20% and lie mainly in a range of 5% to 10%, so would fall short in covering a short ...|
|... financial advisers are set to lose $1700 per year in revenue, as Colonial First State starts to put grandfathered commissions to bed. The $145 billion manager is starting the phase out of grandfathered commissions with a small slice of the 22 funds in ...|
An activist short seller that accused an ASX-listed agricultural fund of running "scams" was dealt a blow in a Supreme Court judgment handed down yesterday.
The $55 billion industry fund is hiking the cost of its standard insurance cover for most of its members, with those aged 55 to 64 years to be the worst hit.
A former Macquarie Group financial adviser has been permanently banned from the industry, following an ASIC investigation into the adviser's "dishonest" and "misleading" behaviour.
It's the end of the road for a BT multi-asset fund managed by Pendal after 52 years, as investor demand ebbs out.
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