Speculation about the future for risk commissions continues. Within an environment where the majority of advisers believe the returned Labor Government signals a probable downturn in the future value of their practice, our latest poll is asking a simple question:
If risk commissions are banned, what will you do?
The results from our most recent poll clearly indicated [...]
During the recent Federal election campaign, our poll revealed the vast majority of financial advisers would prefer to see the Coalition form government.
But with the return of the Labor Government finally confirmed, our poll question this week is:
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:
If risk commissions are banned, will your practice charge a fee for providing your services at claim time?
If the Labor Government is returned, we will [...]
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:
What will be the impact on insurance premiums if risk commissions in superannuation are banned?
Early adviser responses to the Cooper Review recommendation to ban risk commissions in super, suggest there will be a substantial and adverse impact on consumers, advice practices, tax payers and social welfare payments.
All of these areas, such as the impact on the viability of many advice [...]
Financial advisers have been highly critical of the move to consider banning risk insurance commissions, but the issue of conflict of interest remains.
Our latest poll question asks:
Do you believe payment of commissions on risk products represents a conflict of interest to the consumer, real or perceived?
Our poll is based around statements made by the Financial Services Minister, [...]
In a week that has seen a huge shift in the Australian financial services landscape, we want to know what you think.
Our simple poll question is:
Do you support the Government’s ‘Future of Financial Advice’ reforms package?
Our thanks to the many advisers (and consumers) who have already commented on our initial story (see Government Bans Commissions…). The [...]
Will your advice practice be moving to fee for service?
Our latest poll is taking the pulse of advisers on whether they are considering a move to fee for service.
Our question is:
Will your advice practice commence transition to a fee for service remuneration model in the next twelve months?
The debate over commissions versus fee for service will not go away, and has seen new [...]
Our latest riskinfo poll asks: Should the AFA and the FPA merge?
The question is simple, but the answer is complex.
It makes sense to picture a unified adviser organisation that represents the entire financial adviser community, where a single voice will speak louder than the sometimes fragmented individual voices of the FPA and the AFA.
As Matrix Planning Solutions [...]
Will fewer life companies operating in Australia translate into less competition and disadvantage customers?
Our latest poll considers the question of industry consolidation. We are seeking your opinion as to whether you believe your clients will be disadvantaged by less choice and potentially less flexibility that may result from fewer institutional players in the market.
Our question is:
Do you believe that more life [...]
