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PROFESSIONAL INDEMNITY
Financial planning
Speculation surrounding the future of the Australian Financial Services (AFS) Group has increased amid questions about its ability to provide professional indemnity (PI) ...
Financial planning
Vero confirms its selective approach on planner PI while Cormann queries current regime. ...
Financial planning
Some planners are worried that PI requirements risk compromising best interest allocations....
Financial planning
Financial planning licensees need to take a close look at their Approved Product Lists (APLs) to ensure they are sufficiently broad, according to Minter Ellison partner R...
Accounting
SPAA hopes to become part of the limited advice licensing regime by offering its Public Practice Certificate to accountant members....
Life/Risk
A global insurance report points to Australia's regulatory compulsion around issues such as professional indemnity as a driver for growth....
Life/Risk
Insurance brokers have told Money Management Vero Insurance representatives have alerted them to a price hike of up to 50 per cent to Vero's professional indemnity insura...
Life/Risk
Some boutiques are not providing professional indemnity cover to new advisers according to Townsend Business and Corporate Lawyers....
Policy & Regulation
A Money Management roundtable has identified a key consequence of opt-in - orphan clients....
Accounting
Dealer group My Adviser has announced the launch of a specialist package for accountants, which it claims will go beyond the proposed legislation....
Life/Risk
Professional indemnity premiums are high because insurers have difficulty identifying authorised representatives who have made fraudulent claims in the past, according to...
Financial planning
Professional indemnity insurance premiums for planning practices are up 30 per cent from last year, according to Alexis Insurance Brokers principal Christina Kalantzis....
Superannuation
A recent Administrative Appeals Tribunal decision has reinforced the need for accountants to hold professional indemnity insurance....
Life/Risk
The way professional indemnity (PI) underwriters assess a financial planner's risk coupled with ambiguous regulatory guidelines means a fresh approach to product regulati...
Policy & Regulation
Federal Government moves to ban risk commissions have been labelled 'poor policy' amid entrenched financial planner opposition to the FOFA reforms. This and more in the l...
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MARKET INSIGHTS
Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...