The Sydney Morning Herald --- Page: 12 : 22 August 2007 Original article by Darin Tyson-Chan
LexisNexis Summary
A new code will help Australian consumers to be aware of the price they are paying for financial advice. The Financial Planning Association of Australia is preparing a code which will come into effect from 1 January 2008. Its members will have to disclose commissions for ongoing advice separately from commissions from product providers. Remuneration for ongoing advice is by fee for service or commissions. There are different methods of payment and there are great differences between them.
