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...

Life/Risk

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

People & Products

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

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?...

5 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 ...

5 months 1 week ago

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

7 months 1 week ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

2 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks 2 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 5 days ago