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LIFE INSURANCE
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....
Superannuation
SPAA chief executive Andrea Slattery believes the new licensing regime set to replace the accountants' exemption would create a bigger role for the association....
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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...