LIFE INSURANCE

Life/Risk

Life insurers need to innovate, rather than slashing commissions to advisers, if they want create a more sustainable model, an insurance comparison website chief believes...

Life/Risk

BT adjusts its superannuation-related life products to accommodate changes to the terminal illness release conditions....

Life/Risk

ASIC has banned a life insurance adviser for three years after he did not meet adviser standards expected and failed to comply with financial services law....

Financial planning

Advisers transitioning to the new life/risk remuneration models were in for short-term pain but could be paid more commissions in the long run. ...

Life/Risk

Life Insurer AIA Australia has appointed five new distribution team members to bolster adviser support resources before the transition to the new Life Insurance Framework...

Life/Risk

Three months after it was first made public, the Life Insurance Framework still lacks a solid definition of which lapses represent churn....

Financial planning

Life risk sales rebounded in June after declining for two quarters but the sector remained flat in the year to June, DEXX&R data showed. ...

Life/Risk

Advisers must take advantage of the new Prime Minister and lobby for change in the clawback provisions of the Life Insurance Framework, Synchron said....

Life/Risk

New research confirms that the way income protection and TPD claims are handled are crucial to long-term outcomes....

Financial planning

The AIOFP has been rebuffed by the FPA and AFA in its efforts to present a ‘united front’ on the Life Insurance Framework....

Life/Risk

Questions are being asked about whether letters from major life insurers pointing to significant premium rises represent a manifestation of price gouging. ...

Life/Risk

Metlife has again ventured into the retail space via a partnership with Yellow Brick Road....

Life/Risk

Financial advisers relying on risk commissions should consider moving to fee based advice, with the Life Insurance Framework set to hit commission based cashflow for at l...

Life/Risk

The Association of Financial Advisers claims critics of its handling of the LIF outcome need to appreciate the political realities....

Policy & Regulation

Association of Financial Advisers (AFA) consultant and former NSW Opposition leader, Kerry Chikarovski says the LIF outcome is better than a Government-imposed solution....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 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 2 weeks ago

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

6 months 3 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. ...

2 weeks ago

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

6 days 4 hours 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. ...

1 week ago