LIFE INSURANCE

Life/Risk

ASIC has banned a life insurance adviser for three years after he did not meet adviser standards expected and failed to comply with financial services law....

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Financial planning

Advisers transitioning to the new life/risk remuneration models were in for short-term pain but could be paid more commissions in the long run. ...

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Life/Risk

Life Insurer AIA Australia has appointed five new distribution team members to bolster adviser support resources before the transition to the new Life Insurance Framework...

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Life/Risk

Three months after it was first made public, the Life Insurance Framework still lacks a solid definition of which lapses represent churn....

Financial planning

Life risk sales rebounded in June after declining for two quarters but the sector remained flat in the year to June, DEXX&R data showed. ...

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Life/Risk

Advisers must take advantage of the new Prime Minister and lobby for change in the clawback provisions of the Life Insurance Framework, Synchron said....

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Life/Risk

New research confirms that the way income protection and TPD claims are handled are crucial to long-term outcomes....

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Financial planning

The AIOFP has been rebuffed by the FPA and AFA in its efforts to present a ‘united front’ on the Life Insurance Framework....

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Life/Risk

Questions are being asked about whether letters from major life insurers pointing to significant premium rises represent a manifestation of price gouging. ...

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Life/Risk

Metlife has again ventured into the retail space via a partnership with Yellow Brick Road....

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Life/Risk

Financial advisers relying on risk commissions should consider moving to fee based advice, with the Life Insurance Framework set to hit commission based cashflow for at l...

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Life/Risk

The Association of Financial Advisers claims critics of its handling of the LIF outcome need to appreciate the political realities....

Policy & Regulation

Association of Financial Advisers (AFA) consultant and former NSW Opposition leader, Kerry Chikarovski says the LIF outcome is better than a Government-imposed solution....

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Life/Risk

The Association of Financial Advisers and consultants claim life/risk advisers may actually see advantages in the new post-Trowbridge hybrid remuneration environment....

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Financial planning

The AIOFP has claimed the FPA and AFA are ‘livid’ with the FSC over the Life Insurance Framework and questioned the ability of the two advice groups to represent members ...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

1 month ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

1 month ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

1 month ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks 3 days ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks 4 days ago

ASIC has released the percentage of candidates who passed its August financial advice exam with the volume dropping to the lowest since November 2022....

2 weeks 3 days ago