Thursday, July 19, 2018

Remuneration

Latest Poll – New Adviser Commission Model?

A new commission structure for insurance advisers has been proposed, which would see a shift from upfront commission paid as a percentage of the...

New Adviser Commission Model Proposed 

Two industry leaders have created a new remuneration model concept for insurance advisers and confirmed they have conducted initial discussions with the Financial Markets...

Risk Commissions Poll Results

The results of our latest poll suggest most Kiwi advisers are comfortable with their current commission arrangements - but the sentiment is not universal. As...

Are Risk Commissions Too High?

Our latest poll is based on a recent report released by the Reserve Bank which includes a statement that life insurance commissions in New...

Reserve Bank Questions Risk Commission Levels

While The Reserve Bank has concluded New Zealand’s financial system remains sound, including its insurance sector, it has noted the level of risk commissions...

Jury Out on Impact of Robo-Advice

Our latest poll results suggest advisers lack interest in the impact of robo-advice services, and are unsure about whether it will benefit or disadvantage...

Robo-Advice – Friend or Foe?

Our latest poll seeks your views on whether you consider the advent of robo-advice to be a potential friend or foe for your business. One...

Australian Regulator Says Removal of Commissions Would End Conflicts of Interest

Australia's corporate regulator, the Australian Securities and Investments Commission (ASIC), has thrown its weight behind the total removal of conflicted remuneration, including commissions, stating there...

FMA Report Driving ‘Important Conversation’ on Transparency Around Incentives – FSC

The Financial Services Council (FSC) has welcomed the FMA report on soft commissions (see: FMA Targets Soft Dollar Commissions), which has fuelled discussion on...

FMA Targets Soft Dollar Commissions

The Financial Markets Authority (FMA) has voiced its concern about the influence that soft commissions have on advisers’ behaviour, in a review into the...