{"id":1099,"date":"2009-05-19T18:15:00","date_gmt":"2009-05-19T08:15:00","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=1099"},"modified":"2010-01-09T11:40:18","modified_gmt":"2010-01-09T01:40:18","slug":"final-word-on-adviser-remuneration-pollfor-now","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2009\/05\/19\/final-word-on-adviser-remuneration-pollfor-now\/","title":{"rendered":"Final Word on Adviser Remuneration Poll&#8230;For Now"},"content":{"rendered":"<p>The final poll results are in for our\u00a0question about transitioning to a fee for service model for adviser remuneration.<\/p>\n<p><!--more-->Hundreds of advisers have voted in this poll, where four out of every five\u00a0respondents voted &#8216;no&#8217; to the following question:<\/p>\n<p><em><a href=\"https:\/\/riskinfo.com.au\/polls\/fee-based-adviser-remuneration\/\" target=\"_self\">&#8216;Do you agree with transition to non commission-based adviser remuneration (incl hourly rate, service-based and asset-based fees)?&#8217;<\/a><\/em><\/p>\n<p>This current debate stems from the consultation paper on <a href=\"https:\/\/riskinfo.com.au\/news\/files\/2009\/05\/090501-fpa-consultation-paper-financial-planner-remuneration.pdf\" target=\"_blank\">Financial Planner Remuneration<\/a>\u00a0released by the FPA at the beginning of this month, and while the majority of advisers are\u00a0in favour of at least having the choice of using commission as their preferred remuneration vehicle, there is equally strong opinion amongst some advisers that commission should no longer be a remuneration option.<\/p>\n<p>At the end of the survey period,\u00a082% of \u00a0advisers are saying that they effectively favour the\u00a0flexibility offered by commission-based remuneration options, while 13% voted that the industry should transition to fee for service only by 2012.\u00a0 The remaining numbers were undecided.<\/p>\n<p>The FPA has committed to a broad consultation process with its members as well as other interested parties, with the next stage in the\u00a0Associations&#8217; agenda\u00a0being the deadline for submissions in response to its consultation paper, which is\u00a0set for 29th May 2009.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The final poll results are in for our\u00a0question about transitioning to a fee for service model for adviser remuneration.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49,270],"tags":[],"class_list":["post-1099","post","type-post","status-publish","format-standard","category-polls","category-remuneration"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/1099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=1099"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/1099\/revisions"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=1099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=1099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=1099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}