PROFESSIONAL INDEMNITY

Financial planning

Speculation surrounding the future of the Australian Financial Services (AFS) Group has increased amid questions about its ability to provide professional indemnity (PI) ...

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Financial planning

Vero confirms its selective approach on planner PI while Cormann queries current regime. ...

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Financial planning

Some planners are worried that PI requirements risk compromising best interest allocations....

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Financial planning

Financial planning licensees need to take a close look at their Approved Product Lists (APLs) to ensure they are sufficiently broad, according to Minter Ellison partner R...

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Accounting

SPAA hopes to become part of the limited advice licensing regime by offering its Public Practice Certificate to accountant members....

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Life/Risk

A global insurance report points to Australia's regulatory compulsion around issues such as professional indemnity as a driver for growth....

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Life/Risk

Insurance brokers have told Money Management Vero Insurance representatives have alerted them to a price hike of up to 50 per cent to Vero's professional indemnity insura...

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Life/Risk

Some boutiques are not providing professional indemnity cover to new advisers according to Townsend Business and Corporate Lawyers....

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Policy & Regulation

A Money Management roundtable has identified a key consequence of opt-in - orphan clients....

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Accounting

Dealer group My Adviser has announced the launch of a specialist package for accountants, which it claims will go beyond the proposed legislation....

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Life/Risk

Professional indemnity premiums are high because insurers have difficulty identifying authorised representatives who have made fraudulent claims in the past, according to...

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Financial planning

Professional indemnity insurance premiums for planning practices are up 30 per cent from last year, according to Alexis Insurance Brokers principal Christina Kalantzis....

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Superannuation

A recent Administrative Appeals Tribunal decision has reinforced the need for accountants to hold professional indemnity insurance....

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Life/Risk

The way professional indemnity (PI) underwriters assess a financial planner's risk coupled with ambiguous regulatory guidelines means a fresh approach to product regulati...

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Policy & Regulation

Federal Government moves to ban risk commissions have been labelled 'poor policy' amid entrenched financial planner opposition to the FOFA reforms. This and more in the l...

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