CP 189 Future of Financial Advice - Conflicted remuneration
Released 28 September 2012. Comments closed 9 November 2012
This consultation paper sets out ASIC’s proposals for guidance about complying with the provisions on conflicted remuneration and other banned remuneration in Divs 4 and 5 of Pt 7.7A of the Corporations Act 2001 (Corporations Act). These provisions apply in relation to financial product advice given to retail clients.
We are seeking feedback on our proposals from Australian financial services (AFS) licensees and their representatives (including authorised representatives), product issuers and sellers, and consumers.
Download the paper (PDF 593KB) | Read the media release | Read the report on submissions
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1
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Abacus Australian Mutuals |
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2
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AMP Financial Planners Association |
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3
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AMP Financial Services |
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4
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Andika Pty Ltd |
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5
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Associated Advisory Practices |
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6
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Association of Financial Advisers |
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7
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Australasian Compliance Institute |
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8
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Australian Bankers’ Association |
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9
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Australian Financial Markets Association |
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10
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Boutique Financial Planners |
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11
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CPA Australia/Institute of Chartered Accountants Australia |
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12
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Financial Planning Association of Australia |
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13
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Financial Services Council |
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14
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Henry Davis York Lawyers |
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15
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IG Markets |
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16
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Industry Super Network/Australian Institute of Super Trustees |
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17
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ING Direct |
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18
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Institute of Public Accountants |
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19
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Johnson Winter & Slattery |
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20
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Law Council of Australia |
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21
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McCullough Robertson Lawyers |
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22
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McMahon Clarke |
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23
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National Information Centre on Retirement Investments Inc |
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24
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State Super Financial Services Australia |
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25
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Stockbrokers Association of Australia |
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26
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Vanguard Investments Australia |