NEOS and MLC Life Insurance have released their Encompass Protection retail life insurance offering designed in response to the increasing cost of providing risk advice....
BT has appointed Kathryn Cosentino from Insignia Financial as its head of product management for its platform business, effective from 4 May....
IOOF has consolidated its legacy platforms onto its superannuation and investments platform which now has $41 billion in funds under administration....
A “continued focus on practice sustainability and professional standards” led to IOOF reporting a loss of 65 financial advisers during the first quarter of FY22....
Total and permanent disability products are next on the list for insurers to look at to ensure they do not become unsustainable like income protection....
With risk advisers leaving in droves DEXX&R believes there is opportunity for life insurers to set up their own dealer groups as long as they have an open approved produc...
Since the acquisition of MLC, the firm has focused on organisational design which has resulted in its chief information officer leaving IOOF....
Risk advisers need to ensure their clients know that level premiums are not a guarantee and what to expect when their first-year discounts expire, according to life insur...
MLC Asset Management has appointed Laura Hotaling as portfolio manager to its private equity team, building on several senior appointments announced earlier this year....
Gillian Wilson has been appointed as portfolio manager of Antares Fixed Income, commencing from 13 September, 2021....
The firm posted an underlying profit after tax increase of 19.2% despite drops in revenue for advice and investment management for FY21....
Colonial First State has hired Anthony Lane from MLC as its group chief risk officer as it continues its senior leadership appointments spree....
Risk specialist advisers will have a tough time growing new business as the life insurance market continues to shrink and the cost of advice continues to rise....
Already having difficulties accessing advice, stapling could add to the challenges younger generations face in getting the right financial products....
The last quarter of the 2021 financial year saw IOOF lose 33 self-employed advisers leading to an outflow of $2.2 billion but this was marginally offset by inflows of $0....
Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...
Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...