Advice need ‘lost amid the noise’: Tagliaferro
The outspoken IML founder says remuneration issues are obscuring the role of sound financial advice. The industry needs to find a way to survive, he says, because people need it.
September 27, 2019
Justifying risk commissions ‘bemuses me’: AFA’s Kewin
The head of the AFA voiced his frustration at having to justify current remuneration methods on behalf of insurance advisers when no one is actually complaining about them.
September 26, 2019
Cormann indicates ‘wait and see’ approach on risk commissions
The Minister for Finance said while retaining risk commissions is a “completely reasonable proposition”, we have to find a balance between protection and industry viability.
September 25, 2019
Photo Gallery: Risk Advice Summit 2019
Check out some of the pictures from the 2019 Professional Planner and AIA Australia Risk Advice Summit, which took place on September 24 at the Hilton, Sydney.
September 24, 2019
‘Bolted on’ reforms could unwind mass-market advice
Pamela Hanrahan has what she admits is an ‘uncomfortable message’; piecemeal policy is undermining business models and constricting the advised client base.
September 24, 2019
ALP to add consultation to RC approval process
Labor will look to industry for regulation guidance after the federal election loss forced the party to order a full review of its policy, according to Matt Thistlethwaite.
September 24, 2019
ASIC won’t be cowed by IOOF, Westpac rulings
The corporate regulator will maintain its ‘why not litigate’ policy despite initially losing its responsible lending case against Westpac and watching APRA stumble against IOOF.
September 23, 2019
Advice begins where market returns end
The dearth of active managers actually beating the ASX is a reminder to advisers that their own value proposition can't be predicated on their ability to select the best investments.
September 19, 2019
Aussie economy to ‘bumble along’: Blackrock
The director of Blackrock’s fixed income division isn't concerned about a recession in Australia, but says there are other things to be conscious of including unemployment and trade.
September 19, 2019
MP confronts ASIC on commission ban research
Coalition MP and ex-planner Bert van Manen asked ASIC’s top brass why they recommended a grandfathered commissions ban before they researched the likely effects, and not after.
September 18, 2019
