Vero confirms its selective approach on planner PI while Cormann queries current regime. ...
Some planners are worried that PI requirements risk compromising best interest allocations....
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...
SPAA hopes to become part of the limited advice licensing regime by offering its Public Practice Certificate to accountant members....
A global insurance report points to Australia's regulatory compulsion around issues such as professional indemnity as a driver for growth....
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...
Some boutiques are not providing professional indemnity cover to new advisers according to Townsend Business and Corporate Lawyers....
A Money Management roundtable has identified a key consequence of opt-in - orphan clients....
Dealer group My Adviser has announced the launch of a specialist package for accountants, which it claims will go beyond the proposed legislation....
Professional indemnity premiums are high because insurers have difficulty identifying authorised representatives who have made fraudulent claims in the past, according to...
Professional indemnity insurance premiums for planning practices are up 30 per cent from last year, according to Alexis Insurance Brokers principal Christina Kalantzis....
A recent Administrative Appeals Tribunal decision has reinforced the need for accountants to hold professional indemnity insurance....
The way professional indemnity (PI) underwriters assess a financial planner's risk coupled with ambiguous regulatory guidelines means a fresh approach to product regulati...
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...
An increase in the number of professional indemnity (PI) insurance claims over the past few years is affecting the price and availability of PI insurance for planning fir...
How did the licensee not check this - they should be held to task over it. Obviously they are not making sure their sta...
Faking exams and falsifying results..... Too stupid to comment on JG...
Must agree to disagree with you on this one Keith, with the Banks/Institutions largely out of advice now is the time to ...