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....
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...