LIFE INSURANCE

Editorial

Mike Taylor writes that when FSC chief executive John Brogden announced the framework of new claw-back provisions around the sale of life policies, he reignited a debate ...

Life/Risk

Synchron has slammed the FSC's new life insurance churn policy as "disgraceful"....

Financial planning

Both the AFA and FPA have questioned the three-year clawback period outlined in the FSC's new life insurance sales policy. ...

Life/Risk

Financial Services Council chief executive John Brogden has announced a new life insurance sales policy revolving around the clawback of commissions if a policy lapses in...

Life/Risk

Australia's major life insurers need to jointly develop a dictionary of common data terms and descriptors, according to the chief executive of major insurer, TAL Limited,...

Editorial

AIA Group has released interim results to May 2012....

Financial planning

The Association of Financial Advisers has warned against going too far to address churn when it is not systemic, and only a few advisers are guilty....

Editorial

Bela Moore and Andrew Tsanadis find some pockets of the financial services industry are hiring while others have brought their recruitment activities to a halt....

Financial planning

ClearView Wealth has recruited six new financial planning practices in July, bringing the total number of advisers in the dealer group to 78....

Financial planning

Complaints to the Financial Ombudsman Service jumped in the first quarter of this year, while three quarters of resolved cases were by agreement rather than FOS decision....

Editorial

While the industry has given a broad welcome to the limited licensing regime, accountants will need to be subjected to the same scrutiny as financial planners, writes Mik...

Life/Risk

Direct life insurance will account for 40 per cent of all new insurance business by 2021, according to Plan For Life data....

Financial planning

Despite the rise of direct channels, financial planners are better poised to engage customers about life insurance, according to industry executives....

Editorial

TAL’s Jim Minto argues that while the current economic climate is continuing to worry consumers, now more than ever is precisely the time financial advisers and insurers ...

Accounting

The new limited licensing regime for accountants has received widespread support from the financial services industry....

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