INSURANCE

Financial planning

The Commonwealth Bank has sold the St Andrews insurance business to BOQ but retained the other wealth management elements....

Financial planning

Macquarie Funds Group has launched a longevity risk protection product that it says will provide investors with a guaranteed minimum level of income for life....

Financial planning

The introduction of modern awards at the beginning of this year means that employers must offer employees choice when it comes to superannuation funds. Mark Gleeson expla...

Editorial

Industry Super Network's spokesman David Whiteley has criticised the Financial Planning Association's position on commissions associated with the sale of life insurance....

Financial planning

MMC Contrarian will acquire Bupa Australia's life insurance and wealth management businesses, MBF Life and Clearview Retirement Solutions, for $195 million....

Financial planning

ANZ will transition the wealth management and insurance businesses it acquired from ING to a new name and brand by the end of this year, ANZ's Australian chief executive,...

Superannuation

MLC has called for an extension of the powers of the Superannuation Complaints Tribunal to handle SMSFs, while supporting the continuation of planner remuneration for the...

People & Products

Former IAG managing director Michael Hawker resurfaces in Australia on Macquarie Bank board....

Financial planning

Financial planners remain in the throes of change and the end of the financial year will present further challenges. But sticking to tried and tested tax strategies may s...

Life/Risk

Col Fullagar takes a look at compliance and administrative procedures and the way they can be effectively managed....

Superannuation

Sarina Raffo takes a look at the recent trend towards insurance in superannuation and explains how changes to concessional contribution limits have affected client behavi...

Financial planning

APRA has released a discussion paper that seeks to dramatically broaden its supervisory mandate to cover diverse financial conglomerates, which it considers are currently...

Financial planning

Advisers at Genesys Wealth have expressed their frustration over a perceived lack of support from the AXA-owned dealer group....

Life/Risk

ISN's David Whiteley argues the FPA's stance on insurance commissions is proof that the industry can’t self-regulate, with commissions leading to unnecessarily inflated i...

Life/Risk

The Government is seeking comment on an options paper it released today to address unfair terms included in insurance contracts....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

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

4 months 4 weeks ago

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

7 months 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. ...

3 weeks 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...

5 days 7 hours ago

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

2 weeks 1 day ago