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LIFE INSURANCE
Life/Risk
Big insurer, TAL, has launched a new consumer-oriented lifebroker comparison tool....
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....
Life/Risk
Life/risk insurers must deliver a meaningful code of conduct in the post-Trowbridge environment, according to TAL chief executive, Brett Clark....
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....
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 Association of Financial Advisers wants lapses which are beyond the control of advisers to be exempted from the three-year claw-back provisions....
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...
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
Life insurer AIA Australia has committed to another five years of partnership with the mental health initiative SuperFriend....
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....
Life/Risk
Life/risk advisers are craving detail on their new remuneration regime with the three-year claw-back the most problematic issue....
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....
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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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....