LIFE INSURANCE

Financial planning

A doctor-style fee-for-service model for all advice, including life insurance, would create unsustainability in the financial planning sector and prevent specialisation, ...

Financial planning

Commbank has continued to perform despite some struggles within its wealth management businesses....

Financial planning

Concerned that the Trowbridge report reflects their working reality, life/risk advisers dominate 130 submissions to the Life Insurance and Advice Working Group....

News

The Financial Ombudsman Service (FOS) has again pointed to the inadequacy of professional indemnity insurance, as unpaid compensation from its rulings approaches $15 mill...

Financial planning

Product manufacturers need to ensure their services and compliance procedures are up to standard, with ASIC set to take a hard-line approach in 2015, according to legal e...

Financial planning

FOS has reduced its backlog of cases but unpaid determinations have climbed for the third reporting period in a row to a record high....

Life/Risk

A recent court case sheds light on the details advisers need to consider when replacing an insurance policy, Col Fullagar writes. ...

Financial planning

Consumers would be better served if financial planners and risk advisers were required to hold separate licences, Synchron director, Don Trapnell, believes....

Life/Risk

While most surveyed Australians rate life insurance as important, little more than half actually take out a policy, according to a TAL survey. ...

Financial planning

New research suggests few superannuation fund members have any real idea of the life insurance they hold inside super....

People & Products

TAL parent, Dai-ichi, announces North American and Asia-Pacific expansion plans....

Financial planning

ISA has reiterated its calls for advisers to move with haste to a fee-for-service model, with all commission-based fees banned, including on life insurance....

Life/Risk

APRA warns life insurers they need to take responsibility for the manner in which their products are sold....

Life/Risk

Synchron’s Don Trapnell urges risk advisers to counter worst elements of Trowbridge interim report, including five-year responsibility period....

Top 100

BT Financial Group (BTFG) has been named as Risk Company of the Year in the Money Management/DEXX&R Adviser Choice Risk Awards, securing the win from TAL and OnePath, whi...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 2 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 1 week ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 2 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

2 weeks 4 days ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

3 weeks 6 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

6 days 4 hours ago
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