LIFE INSURANCE

Financial planning

Advised retail policies have found to be cheaper than their direct policy counterparts across genders and different ages, research revealed....

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Superannuation

TPD life and income protection insurance policies tied to superannuation should be tied to Australians' tax file numbers, an investment analyst believes....

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Life/Risk

If life insurance companies want to repair some of the reputational damage inflicted on their industry they need to commit to delivering on their product promises....

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Funds management

APRA deputy chairman, Ian Laughlin, has identified the market power of industry funds and how it has influenced the group life market. ...

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Life/Risk

APRA deputy chairman, Ian Laughlin claims life companies have pursued questionable practices in their pursuit of adviser business....

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Financial planning

Documents tabled in Parliament reveal NAB saw no commercial case for pursuing the removal of upfront life/risk commissions. ...

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Financial planning

Bravura extends APAC team and moves into larger NZ offices....

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Financial planning

Under pressure ASIC chairman, Greg Medcraft, has urged politicians to take action to change financial planning....

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Financial planning

ClearView has reported a solid first half which included its acquisition of Matrix....

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Financial planning

ClearView has told the Trowbridge working group it wants the word “commissions” replaced along with the banning of shelf space fees and volume bonuses....

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Life/Risk

Australia’s life insurance sector has been put on notice that its current model is unsustainable and handed a reform ultimatum by regulators. But what will this mean for ...

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Financial planning

Life/risk advisers concerned at reports FSC submission urges 20 per cent flat commission and five-year responsibility period....

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Financial planning

A doctor-style fee-for-service model for all advice, including life insurance, would create unsustainability in the financial planning sector and prevent specialisation, ...

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Financial planning

Commbank has continued to perform despite some struggles within its wealth management businesses....

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Financial planning

Concerned that the Trowbridge report reflects their working reality, life/risk advisers dominate 130 submissions to the Life Insurance and Advice Working Group....

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MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 1 day ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 weeks 6 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

2 days 15 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

1 day 19 hours ago