grandfathered commissions

Industry

Firms and advisers called out for gouging in super

Productivity Commission deputy chair Karen Chester has recommended a swift end to grandfathered commissions in superannuation and taken a swipe at the retail funds industry for charging asset-based fees.

Matthew SmithJanuary 10, 2019

Industry

Macquarie defectors struggled with strategy shift

Ex-Macquarie planners say they have no problem with changes to the business’s remuneration models and that the new ways clients are charged, and potentially dropped, is the real issue.

Tahn SharpeJanuary 7, 2019

Opinion

2018: a defining year for advice

From regulation, to oversight, to education standards and beyond - 2018 will go down in history as a significant year in the lives of advisers, executives and business owners in the wealth management industry.

Matthew SmithDecember 20, 2018

Industry

Advisers not pre-empting commissions ban

While the big banks have committed to getting rid of grandfathered commissions, a Professional Planner poll shows the broader market is reluctant to follow them. Tahn Sharpe writes.

Tahn SharpeDecember 11, 2018

Featured Homepage Posts

AMP not a lone voice backing commissions

The beleaguered wealth giant says a proposed hard cut to grandfathered commissions may hurt advice firms, advisers and clients – it’s not the only one.

Tahn SharpeNovember 6, 2018

Featured Homepage Posts

Advice in the wake of Hayne

Kenneth Hayne jolted institutions into high-profile moves to ban some conflicted remuneration but there are more issues to address and there will be more announcements to come.

Matthew SmithOctober 26, 2018

Featured Homepage Posts

AFA doubles down on grandfathered commissions

The AFA’s Phil Anderson say critics of the body’s stance on retaining grandfathered commissions, including the regulator and a consumer advocacy group, are misinformed.

Tahn SharpeJuly 26, 2018

Royal Commission

Battle of the ban: the conflict to end grandfathered commissions

The FPA and ASIC have drawn a line in the sand. The time has come to end grandfathered commissions, they say, but many predict harmful unintended consequences. Matthew Smith writes

Matthew SmithJune 20, 2018