mental health

Life/Risk

ASIC urged to review life insurers’ use of blanket exclusions

Life insurers which use blanket exclusions on the basis of mental health should be subject to a regulatory review as they could deter people from seeking treatment. ...

Financial planning

Expert calls for suicide research into advice industry

A leading suicide and mental health expert from Griffith University has urged the advice industry to undertake research into the effect that regulatory change may have ha...

Financial planning

Advice industry suffers from spike in suicides

Suicide as a result of regulatory change in the Australian advice industry is rising, according to Infocus chief executive, Darren Steinhardt....

Financial planning

TAL offers mental health support to advisers

TAL has launched additional mental health insights to support licensees and financial advisers to manage their mental health. ...

Financial planning

Adviser mental health burden needs to be addressed

Stress and anxiety due to the number of never-ending hurdles placed on advisers along with civil penalties as a punishment for non-compliance is resulting in quality advi...

Financial planning

Govt needs to create ‘meaningful’ change

The Government does not deserve credit for fixing “no brainer” issues in the industry and needs to acknowledge that it can regulate an industry out of existence, accordin...

Features

InFocus: Advisers hurled ‘unjustified abuse for political gain’

It has been three years since the Royal Commission but, Chris Dastoor writes, financial advisers are still being held in poor light by politicians despite a low level of ...

Financial planning

Media reporting causing adviser pain

The perception of the industry and how it is being reported in the media has been one of the major contributing factors to poor mental health for advisers....

Life/Risk

TAL welcomes focus on legacy life products

The life insurer supports the Government’s plan announced in the Budget to develop a streamlined mechanism to transfer life insurance customers from old legacy products t...

Financial planning

Advisers not utilising mental health services enough

Only 27 people used the Financial Planning Association’s Wellbeing service last year and the Association of Financial Advisers is also finding a low uptake with its menta...

Expert Analysis

Creating jobs that are safe for workers

Margo Lydon explains why it is time to change the narrative of ‘more jobs’ to one focused on giving people ‘better jobs’....

Superannuation

Financial services praised for mental health actions

The financial services sector ‘banded together’ during the pandemic as Government measures such as early access to super meant staff were in high demand....

Financial planning

Adviser concern over post-FASEA exam suicide story

Financial advisers have expressed concern over an industry podcast which has revealed how the pressures generated by the Financial Adviser Standards and Ethics Authority ...