Poll Result: ‘Fees-For-Service’ Model Draws Moderate Support
Results from our latest poll appear to show that a quarter of financial advisers are considering billing new clients for the help they provide.
Last...
Commission Rate Raised To 200 Percent
Asteron Life has raised its commission rate by 10 percentage points to 190 percent and topped it up by an additional 10 percentage points...
New Poll: Will You Charge New Clients For Advice?
This week we reported on two financial advice firms which operate in different ways (see: Charging For Advice Raised At Bounce Conference).
PH Wealth charges...
Fees For Advice Raised At Bounce Conference
Billing clients for advice is a hot topic across the insurance industry; but one firm that's been doing it for decades is PH Wealth.
Jared...
Commissions On Inflation Increases At Fidelity Life To Stop
Fidelity Life will stop paying initial commission on its CPI increases from March next year, says the firm in a statement. However, it says...
Advisers Should Clarify Their Status – Strategi
Advisers have been urged to clarify their professional status and decide how they will work under the incoming regulatory regime.
The call has been made...
Call To Increase Customers Surveys By Partners Life
Financial advisers working with Partners Life should encourage their clients to take part in the insurer's surveys, says Andries van Graan the firm's General...
Risks In Moving Away From Commission System
Moving from a commission structure for financial advisers to a user-pays model “...could significantly reduce access to insurance advice for customers”, says an independent...
Call For Re-Think On Risk Commissions In Australia
Noted Australian actuary, John Trowbridge, is calling on his country's Government, regulators and other industry stakeholders to reconsider the 60/20 risk commission model presently...