Our latest poll results show that most advisers believe they will be forced to charge for their services at claim time if risk commissions are banned.
Category: Polls
Advisers to Charge for Claims Servicing?
As we await the outcome of the closest federal election in recent history, we look ahead to one of the areas that would be impacted if risk commissions are banned.
Our latest poll question is:
Coalition Would Create Better Financial Services Sector
Advisers would overwhelmingly prefer a new Coalition Government to manage Australia’s financial services sector, according to our latest poll.
Federal Election - Who Will Better Serve Interests of Advisers, Consumers?
In the midst of the Federal Election campaign, we are asking advisers to consider which party they believe will better serve the diverse interests of the financial services industry if they win Government.
Our poll question is:
Advisers Sceptical About Impact of Banning Risk Commissions in Super
Overwhelming adviser feedback suggests the removal of risk commissions in superannuation will have little to no effect in reducing costs and/or increasing superannuation savings.
Banning Risk Commissions in Super - Impact on Premiums
What will be the impact on insurance premiums if risk commissions in superannuation are banned?
Final Word on Conflict of Interest - Send Your Message to Canberra
We have extended our latest poll for one final week due to strong interest by financial advisers wanting to have their say on this issue.
To re-cap, our poll question is:
No Conflict in Risk Commissions
The vast majority of advisers say the payment of commissions for risk advice represents no conflict of interest to the consumer.
Adviser Backlash on Banning Risk Commissions
Financial advisers have been highly critical of the move to consider banning risk insurance commissions, but the issue of conflict of interest remains.
Unions, Banks in Adviser Firing Line
Many advisers feel they are being backed into a corner by unions and banks following the release last week of the Government’s ‘Future of Financial Advice’ reform package.








