Association of Financial Advisers tackles churning
“We congratulate the FSC for inviting industry discussion on current adviser practices and adviser remuneration, and for paving the way towards a bigger picture debate,” he added. When it comes to one of the big issues raised by the FSC Paper, churning, Klipin concedes that the practice does exist, but claims that it is rare “and limited to a few isolated advisers”.

Insurance, superannuation keeps finance recruitment above water
Recruitment in the financial services industry is expected to stabilise over the next 12 months after a year of contraction, according to Michael Page International. According to the survey, stability will be the buzzword in financial services hiring over the next 12 months.

Raiders poised for battle as ClearView rejects bid
THE takeover battle between businesses linked to corporate raider Gary Weiss and his one-time employer, Guinness Peat Group, will be fascinating for the spectacle of Weiss and friends picking apart and outmanoeuvring his alma mater, if not for the outcome of the battle itself.