Financial advisers may need to rethink how they charge for advice as asset-based fees have the potential to create just as much conflict of interest as commissions. This is the legal view of Claire Wivell Plater, managing director of law firm The Fold, who believes the problem with asset-based fees is that they incentivise advisers
Professional Planner is the leading voice for financial planners where they can learn about industry standards, get news, information, debate and develop new ideas.
We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
Regulation
3