PROFESSIONAL INDEMNITY

Financial planning

Delegation puts pre-election point of view....

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Financial planning

FPA invites feedback on key changes to its membership, constitution and election strategy....

Life/Risk

FPA retaliates against proposal to raise insurance premiums....

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Financial planning

Insurance giant American International Group (AIG) has been the dominant force in the provision of professional indemnity insurance to financial planners for the past fiv...

Financial planning

Tasmanian-based planner is trying to clear his name....

Financial planning

AIOFP to exclude PI cover relating to certain investments....

Financial planning

QBE Insurance has told underwriters it has ceased quoting on new business for professional indemnity (PI) insurance to financial planners as a result of the collapse of A...

Financial planning

AXA has constructed a new professional indemnity insurance deal for its advisers that, according to independent research, will set their premiums around 50 per cent lower...

Financial planning

There is cautious optimism within the industry that a proposed consumer ‘compensation’ fund levy has been dropped from newly announced legislation mandating financial pla...

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Financial planning

The Parliamentary Secretary to the Treasurer, Chris Pearce, has advised the Financial Industry Complaints Service to be mindful of the flow-on effects that may occur if t...

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Financial planning

Financial planners could potentially be left uncovered for unlimited professional indemnity insurance liability if insurers refuse to embrace new changes to the way in wh...

Financial planning

WB Financial Management claims to have become the first independently owned dealer group in Australia to achieve an international standard quality assurance certificate t...

Financial planning

The Financial Planning Association has established a professional indemnity insurance broker panel to enhance the level of PI insurance support it offers members....

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Financial planning

Financial planners would be required to fund a professional indemnity compensation scheme if a proposal to Federal Treasury, supported by the Financial Industry Complaint...

Financial planning

The Australian Securities and Investments Commission has intervened in Sovereign Capital’s intention to wind up the Sovereign Prudential Fund, due to concerns the Gold Co...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 days 19 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 22 hours ago