The Financial Advisory Industry Review panel suggested that financial advisory firms move away from paying only sales commissions to a balanced scorecard remuneration framework for advisers. This would factor in sales and other performance indicators, such as the quality of advice and the suitability of recommendations. The suggestion has been received positively, but some financial advisers had reservations on how it could be implemented. SMU Vice Provost (Special Projects) Professor Francis Koh is a member of the review panel.
Source
The Straits Times