Commission
Best Practice | 15 Sep 16
The world will ban commission within five years, says JPMAM
Regulation is moving at such a fast pace that within five years all financial services markets around the world will ban commission and implement an RDR-like regime, Jasper Berens, head of UK funds at JPM Asset Management has predicted.
Best Practice | 26 Aug 16
Hansard International launches flexible commission bond
Hansard International has launched a bond offering a zero commission option for financial advisers recommending single premium products to clients.
Australia’s JBWere cuts adviser commissions
Australian financial advisers JBWere, a unit of National Australia Bank (NAB), plans to revamp its remuneration structure and cut adviser commission rates in line with changes in the domestic and global regulatory environment.
Calls for reform of life commissions grow in Australia
Consumers will go on being hurt financially until commissions on life insurance are banned in Australia, and a rigorous code of conduct is in place, says Industry Super Australia (ISA), an umbrella organisation for the retirement savings industry.
Australia moves to regulate IFA commissions
The Australian government has introduced new legislation to regulate commission payments made by life insurance companies to financial advisers.