Expert panel to debate PI

professional indemnity insurance financial planning practices financial ombudsman service financial planning industry financial planning insurance ASIC australian securities and investments commission financial advisers money management

12 September 2013
| By Staff |
image
image
expand image

With sourcing professional indemnity insurance front and centre as an issue for financial planning practices, Money Management together with its sister publication, Lawyers Weekly, has convened a forum in which the major players can discuss the issues.

The breakfast forum, to be held in Sydney on 26 September, will bring together the Australian Securities and Investments Commission (ASIC), the Financial Ombudsman Service (FOS), the PI insurers, legal experts and dealer group heads to discuss the challenges currently confronting the industry.

The key issues to be discussed include:

  • Who is responsible for the advice of failed dealer groups?
  • Should financial advisers be responsible for advice regarding product failures?
  • The future viability of professional indemnity insurers for the financial planning industry.
  • How to get a better outcome from the FOS process.
  • The implication for both the insurance and financial services profession.

Our experienced panel of business leaders will then debate the key issues and engage the audience in proposing solutions and envisaging what the industry might be like over the next three years.

This promises to be an enlightening and highly engaging forum where you will hear about the latest developments in this space.

Click here for more information or to register.

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Graeme

FWIW I am a long term holder of both. I am relaxed about my LICs trading at a discount. Part of a cycle. I would like...

1 day 23 hours ago
Ross Smith

The term "The democratisation of private assets continues to gain steam" is marketing misleading. There is no democracy...

2 days 1 hour ago
Greg

I have passed this exam, and it is not easy or fair exam. It's no wonder that advisers are falsifying their results. ...

5 days 1 hour ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 3 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 2 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 3 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND