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Life/Risk
The latest Investment Trends research reveals advisers were already adjusting to the post-Trowbridge reality, with one in five ready to switch insurers....
Life/Risk
Financal Planning Association chief executive, Mark Rantall, says nobody should underestimate how much assistance some advisers will need adjusting to the post-Trowbridge...
Financial planning
The AFA announced a life insurance roadshow for insurance advisers after they indicated they need support to move from upfront to hybrid commissions....
Superannuation
Superannuation funds have strongly queried whether people who supply super funds should be excluded from being deemed “independent” for three years....
Life/Risk
The AIOFP has claimed it was locked out of tri-party discussions around life insurance commission and has called for the full submission to be publicly released....
Financial planning
The FPA has rejected claims by the AIOFP that its members were not consulted and that institutions shaped its proposal on life insurance commission changes....
Life/Risk
The AIOFP has called for a shorter claw back period, 70 per cent upfront commissions with partial retention upon early termination and restrictions on advisers who churn....
Life/Risk
Research has found advisers will attempt to offset changes stemming from the new life insurance commission regime with improvements to business efficiency or expanding th...
Life/Risk
The AIOFP has labelled the tri-party life/risk commission regime changes as a sell out of advisers and will submit its own amended regime model this week....
Life/Risk
Synchron has the major insurers tendering on a level premium, set-term remuneration model as it argues that claw-backs can be unfair....
Financial planning
ASIC has acknowledged that newspapers headlines were wrong about planners taking big commissions to recommend residential property investments and that not one planner co...
Superannuation
The Financial Services Council has pointed to Trade Union Royal Commission assertions as the basis for breaking the nexus between superannuation and industrial relations....
Life/Risk
AFA chief executive, Brad Fox, acknowledges leadership of AMP on life/risk changes but urges continued pursuit of a unified position....
Superannuation
While some industry super funds have been highly critical of planner remuneration based on asset-based fees, new analysis suggests declining membership and rising costs m...
Life/Risk
More than 40 per cent of life/risk advisers would consider exiting the industry if the Trowbridge recommendations were implemented in totality....
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Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....