The Australian Securities and Investments Commission has confirmed to a Parliamentary Committee it is no longer talking about churn but, rather, lapses and the appropriat...
AMP chief executive, Craig Meller has defined life/risk ‘churn’ to a Parliamentary Committee and what his company is doing about it....
The Australian Securities and Investments Commission has confirmed that the pool of advisers at risk of churning life/risk policies is as few as 50 people....
The Australian Securities and Investments Commission has nominated life/risk churn as an area still high on its agenda and deserving of new expenditure....
The Australian Securities and Investments Commission has confirmed that insurance companies know which advisers are “churners” but have not always notified the regulator....
Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...
Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...