1:00 PM Friday Nov 13, 2009 I don’t mean to bang on about adviser commissions all the time but it has became the topic du jour, again. In the seething wake created by the Consumer magazine ‘mystery shop’ of the financial advisory industry a number of commentators have popped their heads up calling for a [...]
Commission rebate services may be perceived as competing with financial advisers, but they can actually help advisers place control over fees back into the hands of clients. This is according to My Money sales and marketing director Graham Burnard, whose online commission management service enables investors to receive commissions payable on financial products that are [...]
Before the financial planning industry focused on providing advice rather than just product sales, trail commissions were introduced to encourage the sales person to keep the products in place. As the industry moved to providing financial advice the trail commissions were justified as providing remuneration to the adviser for ongoing reviews and advice. There are [...]
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