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LIF
Financial planning
The Australian Securities and Investments Commission has signalled its interest in whether the Life Insurance Framework changes will drive growth in level premiums....
Life/Risk
Boosting efficiencies in advice practices by using technology will be central to managing revenue streams under new hybrid commission structures within LIF....
Life/Risk
A new white paper has warned that the Life Insurance Framework risks the loss of a generation of highly experienced planners unless appropriate strategies and supports a...
Policy & Regulation
The Association of Financial Advisers has acknowledged passage of the LIF legislation and says it is now time for insurers, super funds and ASIC to pull their weight on r...
Life/Risk
The new LIF laws due to come into effect this year are filled with holes and lacks clarity around what would happen if there was a change of licensee and/or adviser, a la...
Financial planning
The AFA has urged for improvements in the FSC’s Life Insurance Code of Practice and other elements of LIF as it acknowledged its passage through the lower house this week...
Financial planning
The Life Insurance Framework bill has passed through the House of Representatives unopposed, even as a Liberal Party member expressed concerns over possible unintended co...
Editorial
The financial services industry is facing another year of uncertainty but there will be opportunities for it to become the master of its own destiny....
Features
Malavika Santhebennur writes that many policy issues that beleaguered the financial services sector in 2015 remained in 2016, and would continue into 2017....
Life/Risk
Negative publicity engulfing risk and life insurance has had an adverse effect on consumer perception of the products, which has seen a drop in satisfaction levels. ...
Life/Risk
The life insurance industry cannot move on from LIF until performance guidelines are set, Bombora believes....
Life/Risk
The Life Insurance Code of Practice includes group insurers, contrary to some reports, according to TAL....
Life/Risk
The Association of Financial Advisers has claimed vindication following the Government's announcement of key changes to the underlying LIF regulations, including reducing...
Financial planning
The AFA has welcomed the Government’s move to introduce the life insurance remuneration bill to the lower house today, particularly the move to treat life insurance attai...
Financial planning
It is important to showcase younger advisers who have transitioned to fee-for service models in light of LIF reforms to alleviate fears of advisers who have never charged...
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...