Clock Ticking on Adviser Incentive Changes
Incentives for those advising consumer clients, as opposed business clients, will change on 31 March 2025 when the Conduct of Financial Institutions legislation (CoFI)...
Extra 10% Commission for Fidelity Life E-App Users
News that Fidelity Life is offering its advisers a bonus commission rate attracted significant reader interest this week...
Advisers working with Fidelity Life are being...
Alternative Solutions for Risk Advice Remuneration
Alternative solutions are being outlined by advisers and other industry stakeholders in Australia to address concerns that remuneration for life insurance advice remains commercially...
Adviser Firm Offers Options on Client Ownership
Most interest this week was directed to our report about a financial services firm that prefers advisers keep their client list when they decide...
$100 Bonus for Advisers
A group health continuation campaign has been launched by nib that offers advisers an incentive for every client who retains cover with the firm...
Australian Survey Reveals Average Salaries for Advisers
On average, each Australian advice practices employs 2.7 experienced advisers, with the average salary for an experienced adviser sitting at just under AU$150,000, a...
Retaining Risk Commissions in Australia – The Rationale
The data and information serving to inform the recommendation to retain risk commissions in Australia makes for interesting reading - and while Aussie risk...
Retain Risk Commissions – QoA Review
In significant news from across the Tasman, the Australian Treasury's Quality of Advice Review process has released its recommendation that life insurance commissions should...
Risk Adviser Developing Fee Options
In a move that significantly challenges the status quo, our report this week on the proposition of potentially applying an implementation fee for risk...