AIA re-launches practice management tool
AIA Australia has re-launched its Business Growth Hub with the aim of assisting financial advisers with business growth and client relationships.
It would also provide access to consultants in marketing, cash flow management, human resources, and technical training.
AIA Australia chief retail insurance officer, Pina Sciarrone, said that the competitive nature of the industry had driven AIA to re-launch its businesses hub.
"The business of running a professional financial advisory practice is more competitive than ever before," she said.
"While we don't intend to tell any financial adviser how to run their business, we have a valuable role to play in bringing expertise and resources to an adviser."
The Business Growth Hub features as an online resource centre, providing access to online management tools to help adviser reduce risk and increase business efficiency.
AUTHOR
Hope William-Smith
Recommended for you
The strategic partnership with Oaktree Capital and AZ NGA is likely to pave the way for overseas players looking to enter the Australian financial advice market, according to experts.
ASIC has cancelled a Sydney AFSL for failing to pay a $64,000 AFCA determination related to inappropriate advice, which then had to be paid by the CSLR.
Increasing revenue per client is a strategic priority for over half of financial advice businesses, a new report has found, with documented processes being a key way to achieving this.
The education provider has encouraged all financial advisers to avoid a “last-minute scramble” in meeting education requirements prior to the 31 December 2025 deadline.
