Does the introduction of a statutory fiduciary duty to act in the client's best interests overcome the need to introduce client opt-in measures?
- Yes (77%)
- No (19%)
- Not sure (4%)
Start Date: February 9, 2011 @ 10:54 am
End Date: March 8, 2011 @ 11:12 pm
End Date: March 8, 2011 @ 11:12 pm
Which single issue will have the greatest impact on your advice practice in 2011?
- Prospect of banning risk commissions (52%)
- Client Opt-in for future advice (29%)
- Banning investment and super commissions (8%)
- I'm sleeping fine (4%)
- Transition to fee for service (3%)
- The economy (3%)
- Intra-fund advice (1%)
- Statutory fiduciary duty to client (1%)
- Not sure (0%)
Start Date: January 18, 2011 @ 8:59 pm
End Date: February 9, 2011 @ 10:53 am
End Date: February 9, 2011 @ 10:53 am
Do you agree that standard TPD definitions would benefit the consumer in the Australian life insurance market?
- Yes (53%)
- No (40%)
- Not Sure (7%)
Start Date: December 7, 2010 @ 6:16 pm
End Date: January 18, 2011 @ 8:58 pm
End Date: January 18, 2011 @ 8:58 pm
Do you support standardising commissions for risk products?
- Yes (65%)
- No (29%)
- Not sure (6%)
Start Date: October 19, 2010 @ 10:40 pm
End Date: December 7, 2010 @ 6:15 pm
End Date: December 7, 2010 @ 6:15 pm
If risk commissions are banned, what will you do?
- Leave the industry (50%)
- Charge fee for service for risk advice (20%)
- Stop advising on risk and deliver investment and super advice only (17%)
- Not sure (12%)
- It won't have any impact on my business (1%)
Start Date: October 5, 2010 @ 11:42 pm
End Date: October 19, 2010 @ 10:39 pm
End Date: October 19, 2010 @ 10:39 pm