Advisers remain central to insurance

insurance chief executive cooper review

2 August 2010
| By Mike Taylor |
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Advisers will continue to play a key role in the insurance sector into the future, according to the chief executive of Tower Australia Limited, Jim Minto.

Minto used the company’s announcement that it had broken through the $1 billion barrier for in-force premiums to reinforce Tower’s positive view on the role of advisers.

“Advisers have delivered well for consumers in the provision of life solutions over the past ten years, and the industry has experienced strong levels of client satisfaction as a result,” he said.

Minto said that while there existed the potential for change and uncertainty in the wake of the Cooper Review and Ripoll inquiries, Tower remained positive about the long-term role of advice.

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