After extensive debate, the vast majority of advisers are still saying they want to retain commission remuneration.
Category: Polls
Ripoll Recommendations - Commission Debate Continues
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.
Ripoll Inquiry Recommendations - Advisers Have Their Say
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?
‘Don’t Penalise Us’ - Level Commissions on Replacement Policies
The majority of advisers want to retain the choice of commission options for replacement insurance business and want the life companies to do more to discourage ‘churning’.
Replacement Policies - Level Commission Only?
A meeting of senior industry advisers and life company managers has raised the prospect of restricting adviser remuneration on renewal life insurance business to level commission only.
Quality of Advice - Planners Prefer Self Regulation
Advisers have come out strongly in favour of raising educational standards for those providing personal financial advice in Australia.
81% of advisers who responded to our latest poll want to see higher educational standards for financial planners, with the majority of those preferring industry self regulation as the answer, rather than government intervention.
The Quality of Financial Advice - Your Say
The collapse of Storm Financial and other financial advisory firms has raised the level of public debate about the quality of personal financial advice in Australia, and what consumers should expect from those who call themselves ’financial advisers’.
Opinion Divided on Tax Deductible Advice
Our latest riskinfo poll is telling us that advisers have mixed opinions about whether any future tax deductibility of financial advice should be restricted to fee-for-service advice only.
Latest Poll: Should Tax Deductions on Advice Only Apply to Fee for Service?
Our latest riskinfo poll addresses another of the emerging topics out of the Ripoll Inquiry, relating to calls for full tax deductibility of the cost of financial advice.
Adviser Opinion Divided on Mandatory Association Membership
Adviser opinion is evenly divided on the prospect in future of advisers taking out mandatory membership of a professional financial services association.








