CBA’s influential wealth arm is extending its hard line on advice by proactively reminding clients who sign an advice fee form that they can exit at any time, a move which could strain its relationship with the industry.
Tahn SharpeApril 24, 2020
The industry super fund’s head of advice challenged a room full of advisers about the way they charge their clients, fully aware that she might make a few squirm.
Tahn SharpeJuly 31, 2019
The financial services industry is starting to work out exactly what the FASEA mandatory Code of Ethics means and many won't like it, including those who think they're addressing their conflicts by charging asset-based fees.
Robert MC BrownJune 24, 2019
US adviser and industry heavyweight Michael Kitces gives his thoughts on the economics of growth in advice firms across the world.
Michael KitcesMay 28, 2019
In the first salvo of the industry’s move to extricate grandfathered commissions, the regulator sent letters to several licensees recently asking how much of it is on their books.
Tahn SharpeMay 24, 2019