Which of these remuneration and clawback combinations would best suit your business?
- If these are the only choices, I would prefer the existing level commission option (46%)
- 60/20 hybrid and 4-year clawback period, where clawbacks are restricted to replacement business only (20%)
- Not sure (18%)
- 50/20 hybrid and 2-year clawback period (10%)
- 60/20 hybrid and 3-year clawback period (existing LIF proposal) (6%)
Start Date: August 18, 2015 @ 2:32 pm
End Date: August 25, 2015 @ 5:24 pm
End Date: August 25, 2015 @ 5:24 pm
Which of these options, currently proposed under the new Life Insurance Framework, would best suit your advice business?
- Combination of hybrid and level options - depends on individual case (29%)
- New hybrid commission model - 60%/20%, plus client advice fee (28%)
- New hybrid commission model - 60%/20% (12%)
- Other combination (12%)
- Existing level commission model - 30%, plus client advice fee (7%)
- Not sure yet (6%)
- Existing level commission model - 30% (4%)
- Client advice fee only (2%)
Start Date: August 4, 2015 @ 7:33 pm
End Date: August 25, 2015 @ 4:34 pm
End Date: August 25, 2015 @ 4:34 pm
What is the most significant change you will seek to implement in your risk-focused business in response to the New Life Insurance Framework?
- Leave the industry (38%)
- Increased focus on business efficiencies (22%)
- Deliver more holistic, broader advice solutions (20%)
- Not sure (8%)
- Specialise in advising higher net worth clients (7%)
- Other (5%)
Start Date: July 14, 2015 @ 7:50 pm
End Date: August 4, 2015 @ 7:39 pm
End Date: August 4, 2015 @ 7:39 pm
Could your advice business successfully operate under the remuneration proposals outlined in the New Life Insurance Framework?
- Yes - but I don't support the remuneration proposals (37%)
- No (36%)
- Not sure (15%)
- Yes - and I support these remuneration proposals (12%)
Start Date: June 30, 2015 @ 3:05 pm
End Date: July 14, 2015 @ 7:54 pm
End Date: July 14, 2015 @ 7:54 pm
There should be an equal representation of female to male advisers in Australia's financial services sector
- Agree (47%)
- Disagree (43%)
- Not sure (10%)
Start Date: June 9, 2015 @ 8:22 pm
End Date: June 30, 2015 @ 3:11 pm
End Date: June 30, 2015 @ 3:11 pm