Economy

Aug 20, 2009

Canning advisor’s commissions would be super start to reform

It’s been a long fall for the retail superannuation industry and financial planners from their glory year of 2005. Now, the financial planning industry is under fire from multiple fronts and the Government is reviewing superannuation.

Bernard Keane — Politics editor

Bernard Keane

Politics editor

It’s been a long, long fall for the retail superannuation industry and financial planners.

1 comments

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One thought on “Canning advisor’s commissions would be super start to reform

  1. kate

    Financial planners can see the writing on the wall. When my partner & I engaged a planner to provide services, the up-front contract we were asked to sign specified a flat fee of $x, plus ongoing commissions of %y. We said we would sign, provided the commissions clause was deleted. The planner agreed immediately, no questions asked.

    Try it – you might be surprised.

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