INSURANCE
Financial planning
Financial planners are not doing enough to move their clients into level insurance premiums, resulting in higher costs for clients and higher profits for insurance compan...
Life/Risk
Hewison and Associates is now rebating all commissions paid on insurance policies, which it says will save clients thousands of dollars in hidden fees....
Financial planning
Godfrey Pembroke has been unable to provide details of how a shift towards fee for advice payments will be achieved....
Financial planning
Professional Investment Services (PIS) has joined the growing list of dealer groups that have committed to remove the commission payments that product providers make to f...
Financial planning
Godfrey Pembroke has announced it will transition to a holistic fee-for-advice business model for its entire client base as part of its growth strategy in the private adv...
Life/Risk
Australia's largest corporate superannuation fund has entered into an alliance with HCF to deliver discounted health insurance to members....
Financial planning
Income protection insurance applications at ESI Super have surged since the fund formed a partnership with Australian Income Protection....
Life/Risk
Perpetual has boosted the default insurance cover on its Select Super Plan and increased the flexibility and options within the plan....
Financial planning
The Australian Financial Services Group (AFS) has reiterated the value of its Board of Advice (BoA) program, which it claims has resulted in the far-reaching improvement ...
Editorial
The public's perception of insurance companies is not particularly favourable. CommInsure’s Graham Putt explains that it is up to the industry to promote its positive rol...
Life/Risk
High upfront insurance commissions result in a dramatic overselling of products to people who cannot afford it, according to former Money Management Financial Planner of ...
Financial planning
Clearview Retirement Solutions has been acquired as part of a deal between BUPA Australian and MMC Contrarian, but BUPA maintains a stake in its performance due to a 10-y...
Financial planning
NAB and AXA parent may have agreed about the fine details, but the ultimate fate of the merger rests with the ACCC....
Life/Risk
ASIC has released regulatory guidance about the compensation and professional indemnity insurance obligations under the National Consumer Credit Protection Act....
People & Products
Former ING New Zealand chief executive Marc Lieberman appointed to head Metlife in Australia....
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Podcast
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...