LIFE INSURANCE

Life/Risk

Big insurer, TAL, has launched a new consumer-oriented lifebroker comparison tool....

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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....

Life/Risk

Non-aligned planning group Synchron expects planners to quickly adapt to the Life Insurance Framework and intends to pick up advisers moving as a result of the changes....

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Life/Risk

Life/risk insurers must deliver a meaningful code of conduct in the post-Trowbridge environment, according to TAL chief executive, Brett Clark....

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Financial planning

The Association of Financial Advisers (AFA) has drawn a line in the sand on any capping of level commissions....

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....

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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....

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Life/Risk

The Association of Financial Advisers wants lapses which are beyond the control of advisers to be exempted from the three-year claw-back provisions....

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Financial planning

The AIOFP has fired another shot in the direction of the FPA, AFA, and FSC claiming advisers were the victims of a political strategy to improve the image of those associ...

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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....

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Life/Risk

Life insurer AIA Australia has committed to another five years of partnership with the mental health initiative SuperFriend....

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Life/Risk

The focus on premiums reductions under the new LIF regime ignores wider changes that will take place in the insurance sector, according to the head of a major insurer....

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Life/Risk

Life/risk advisers are craving detail on their new remuneration regime with the three-year claw-back the most problematic issue....

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Financial planning

The Government has sanctioned the industry’s life/risk position which entails a three-year transition to a hybrid model based on a 60 per cent upfront commission....

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Life/Risk

Industry leaders are warning that changes to the way life/risk advisers are remunerated will put pressure on the industry, but believe the Life Insurance Framework is “wo...

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