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LIFE INSURANCE
Financial planning
Australia’s 40 registered life insurers have increased the total assets held collectively by nearly three per cent to $181.5 billion but lost out heavily on new premium i...
Financial planning
The Association of Financial Advisers (AFA) is seeking direction from Government, and in turn the Australian Securities and Investments Commission, on guarantees to prote...
Financial planning
With all the changes the Financial Services Reform Act (FSRA) has brought, what do you need in terms of education to become a financial planner? Julie Bennett reports....
Financial planning
Lonsdale Financial Group is aligning itself with general life insurance brokers in setting up a number of financial planning practices, which through a process of referra...
Rate the raters
Life insurance houses have not damned the industry researchers but then again, as Jason Spits reports, they are not entirely pleased with what is available....
Financial planning
The Investment and Financial Services Association (IFSA) has released two model Product Disclosure Statements (PDS) to assist product issuers in developing disclosure doc...
Financial planning
Tower Australia has announced the closure of its annuity portfolio to new monies with the aim of sharpening its focus on core business, and has also appointed AMP Henders...
Financial planning
The life insurance industry has recorded falls in single premium sales of 12 per cent for the 12 months to the end of June, according to research released by Dexx&r....
Financial planning
The Joint Parliamentary Committee inquiry into commissions on risk products has veered away from recommending mandatory disclosure rules for risk advisers, warning that t...
Financial planning
AMP has had the 10 Australian Financial Services Licences it applied for last month to the Australian Securities and Investment Commission (ASIC) granted by the peak regu...
Life/Risk
The Australian insurance industry must focus on product manufacture and marketing as too many people are both uninsured and under-insured, according to AXA’s financial pr...
Financial planning
The Financial Services Complaints Tribunal (FICS) is continuing to streamline its complaint processes towards more conciliation orientated outcomes, six months into the i...
Financial planning
Disadvantaged investors are not bound by yesterday’s undertaking to industry regulators by the National Australia Bank to pay $67.2 million in compensation following prod...
People & Products
Macquarie Funds Management has made an internal appointment to fill the gap left by former international division head, Ben Bruck, who became head of the group following ...
Financial planning
Some financial planners are moving into risk insurance, an area historically occupied by life agents. Craig Phillips looks at some of the drawbacks of such a move....
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MARKET INSIGHTS
Podcast
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....