How you get paid
There are two sides of the coin when considering the possible effect of commission and incentives on advice when you run an advice business. This article is about how you get paid, the next will be about how you pay your advisers.
I would just like to acknowledge those advisers that feel offended by the idea that commission affects the advice that they give.
Regular readers will know how I feel about that, and if you don’t, you can read my last article on the subject. This article is about looking at your income...MORE»
Conduct, culture, and commissionFriday, February 1st, 8:59AM
The conduct and culture report published by the FMA and RBNZ recently was meant to be all about insurers, but a significant consequence will be felt by advisers. MORE» |
Planning fallacies – the pushy little trendTuesday, January 15th, 12:18PM
Just because everyone else is doing it, doesn’t mean you have to. MORE» |
How big a problem is insurance fraud?
I don’t mean accidental non-disclosure, and I don’t mean accidental declines. Mistakes happen. What I am worried about is real fraud.
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Good news, since 1994 the global rate of suicide has dropped 38%. That saved four million lives – more than ten times the number that died in combat since then.
MORE»Can you comply with the new Code?
Do you have anything to fear from the new draft Financial Advice Code? Can good insurance advice be given under the Code? Will you make it as a financial adviser under the new regime? Different questions with a common thread.
MORE»Conduct, consumers, advisers, and insurers
What links these forces?
MORE»How much trauma cover?
The question of how much trauma cover is ideal remains vexed.
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