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Fortnum Financial Advisers is requiring the major risk insurers to meet a higher set of standards before they can be admitted to the group’s APL as “preferred insurers”....
INDUSTRY NEWS
Around half of Australian adults are more likely to use the internet rather than visit a financial adviser or broker when researching or changing a financial product. ...
INDUSTRY NEWS
Life insurer TAL has unveiled a new technology solution for its latest partner, which it says aligns the group insurance market with global standards for the first time. ...
INDUSTRY NEWS
Financial advisers still face some high hurdles in trying to match clients’ risk insurance needs with solutions but there are ways of overcoming these challenges, writes ...
INDUSTRY NEWS
ASIC has made it clear it would like to see life insurance commissions banned as it would be the most effective way of combating churn, according to The Fold Legal managi...
INDUSTRY NEWS
Insure 247 has made changes to its online insurance websites after ASIC raised concerns that they contained misleading and deceptive advertising....
INDUSTRY NEWS
TAL has acquired the remainder of online insurance comparator Lifebroker after holding a small stake in the company for three years. ...
INDUSTRY NEWS
Risk commission concerns have blocked discussions about client trust and appropriate selling of risk insurance...
INDUSTRY NEWS
ASIC deputy chairman Peter Kell has used his speech at the AFA national conference to announce major surveillance of retail advice with respect to life insurance. ...
INDUSTRY NEWS
CommInsure’s Tim Browne says the company had stopped using the word ‘churn’ because it doesn’t accurately represent the underlying issue, which is policy design....
INDUSTRY NEWS
Wealth management firm Centric Wealth has cautioned investors against buying life insurance products online, as their complexity could result in a claim being rejected....
INDUSTRY NEWS
Col Fullagar delves into the pros and cons of winding up an income protection policy and taking a commuted benefit, and what the process of commutation involves. ...
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The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...