Category: Compliance & Regulation

Advisers Strongly in Favour of Retaining Commissions

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After extensive debate, the vast majority of advisers are still saying they want to retain commission remuneration.

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Advisers Fear Rise in PI Costs

CoreData reports the majority of advisers fear their professional indemnity costs will rise if the Ripoll Inquiry Recommendations are implemented.

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Ripoll Recommendations - Commission Debate Continues

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Advisers have zeroed in on the commission debate as the key issue stemming from the 11 Recommendations handed down by the Ripoll Inquiry into Financial Products and Services in Australia.

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Ripoll Inquiry Recommendations - Advisers Have Their Say

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The Ripoll Inquiry recommendations  have been enthusiastically welcomed by industry representative bodies this week, but what are individual advisers saying about the future of their industry?

Our simple poll question is:

Do you support the eleven recommendations made by the Ripoll Inquiry?

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Ripoll Inquiry Recommendations Released - No Silver Bullet

The long-awaited recommendations from the Parliamentary Joint Committee Inquiry into Financial Products and Services were handed down earlier this evening by the Committee’s Chair, Bernie Ripoll MP.

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New PIS Fee Payment Service

Professional Investment Services (PIS) has launched a new fee payment service designed to cater to present and future adviser remuneration structures.

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FPA Launches Whistle-blower Facility

The FPA has launched an anonymous reporting policy designed, in its own words, to ‘dob-in’ the dodgy.

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Call for Dramatic Shakeup of Education Requirements - FPA

Following the launch of its new Code of Professional Practice, the FPA has released a consultation paper setting out six expectations that it says will reset the education framework for financial planning.

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FPA Launches ‘World First’ Code of Professional Practice

The FPA says it has set a ‘world first’ in launching its Code of Professional Practice.

The announcement was made by FPA Chair, Julie Berry, to 1,250 delegates during her opening address at the FPA’s 2009 National Conference in Melbourne.

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New Structure for Advice Fees in Super - IFSA

IFSA has announced ‘tough new industry standards’ that will allow superannuation customers much more control over the fees they pay for superannuation products and advice.

Under the new standards, which have been formally ratified by IFSA member organisations, fees for financial advice will now be clearly separated from the fees members pay for their superannuation.

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