INSURANCE COUNCIL OF AUSTRALIA

Financial planning

There are mixed views on the proposed decoupling of ‘personal advice’ from the definition of ‘financial service’, according to submissions to the ALRC’s Financial Service...

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Life/Risk

Life insurance and group insurance inside superannuation will be exempt from the Government’s deferred sales model. ...

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People & Products

Mercer has appointed senior executive Paul Giles to the role of senior client manager, responsible for large industry and public sector clients....

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Financial planning

The Insurance Council of Australia has told the Productivity Commission that general insurance agents feel hamstrung by the personal advice rules and want more flexibilit...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

3 days 19 hours ago

ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....

1 week 2 days ago