Advised retail policies have found to be cheaper than their direct policy counterparts across genders and different ages, research revealed....
TPD life and income protection insurance policies tied to superannuation should be tied to Australians' tax file numbers, an investment analyst believes....
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....
APRA deputy chairman, Ian Laughlin, has identified the market power of industry funds and how it has influenced the group life market. ...
APRA deputy chairman, Ian Laughlin claims life companies have pursued questionable practices in their pursuit of adviser business....
Documents tabled in Parliament reveal NAB saw no commercial case for pursuing the removal of upfront life/risk commissions. ...
Bravura extends APAC team and moves into larger NZ offices....
Under pressure ASIC chairman, Greg Medcraft, has urged politicians to take action to change financial planning....
ClearView has reported a solid first half which included its acquisition of Matrix....
ClearView has told the Trowbridge working group it wants the word “commissions” replaced along with the banning of shelf space fees and volume bonuses....
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 ...
Life/risk advisers concerned at reports FSC submission urges 20 per cent flat commission and five-year responsibility period....
A doctor-style fee-for-service model for all advice, including life insurance, would create unsustainability in the financial planning sector and prevent specialisation, ...
Commbank has continued to perform despite some struggles within its wealth management businesses....
Concerned that the Trowbridge report reflects their working reality, life/risk advisers dominate 130 submissions to the Life Insurance and Advice Working Group....
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...