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Advisers push industry funds to open up
Regulators and policymakers are investigating vertical integration and that probably has industry funds looking closely at their advice models at the moment.
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SMSF Association doubts advisers can pull off exam/degree double-up
Advisers looking to combine FASEA-mandated exam and degree study may struggle to find all the courses, Peter Hogan says.
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Bridges reviewing its ‘lucrative’ referral agreements
Referral deals Bridges Financial Services has with credit unions and mutual banks containing ongoing fee arrangements are being reviewed, with changes expected.
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AFCA to clean up ‘barriers’ to complaints after damning ASIC research
Prompted by a negative report from the regulator, the new agency has questioned firms’ resolution times and communication with clients.
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Secret report fuels adviser exodus at Godfrey Pembroke
Advisers at one of the country’s most respected licensees are leaving in droves, aided by a private report assessing the marketplace that was delivered in August.
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Fear and self-doubt warping advice: Innova CIO
Advisers are losing confidence in their investment savvy and choosing cheap options at the expense of real value, Dan Miles says.
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‘You’ve got to get off the 1 per cent’: Stackpool
One of the industry’s most known figures has spoken out about what he calls outdated remuneration models. Charge clients for value, he says, and nothing more.
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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.