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RISK/LIFE
Features
It has been a little over a year since Jim Minto retired as chief executive of big insurer TAL. It is 12 months during which he has taken the time to reflect on the shape...
Features
From a financial planning perspective, it is arguable that no sector has generated more change over the past three years than the life/risk sector. ...
Financial planning
Key consumer groups have been given a chair at the table of the FSC’s Life Insurance Code of Practice processes....
Financial planning
ClearView has challenged the standing of the FSC to develop a Life Code or APL Standard....
Financial planning
The Australian Institute of Superannuation Trustees has argued the legislation underpinning the LIF is 'relatively feeble' and wants tougher action to eliminate commissio...
Tools & guides
Mike Taylor writes that while much attention has focused on adviser remuneration over the past two years, insurance claims handling has deserved equal scrutiny....
Financial planning
With insurers under the microscope for their claims handling, Col Fullagar is arguing it is time for them to make commitments to meeting the promises inherent in their pr...
Financial planning
The Trowbridge and LIF scrutiny directed at life/risk remuneration ought to have been equally directed towards claims handling....
Financial planning
Advisers need to improve the efficiency of their businesses to bridge the revenue gap that will be caused by the implementation of the LIF. ...
Life/Risk
South Africa’s largest mutual company, Professional Provident Society (PPS), is targeting a slice of Australia’s $7.5 billion retail life risk insurance sector. ...
Financial planning
ASIC bans former Guardian Advice insurance adviser for annually replacing clients’ insurance policies to boost commissions without considering clients’ best interests....
Financial planning
Synchron and AIA have come together to create a fixed term level product to meet the changing needs of advisers and clients....
Editorial
Like them or not, financial advisers should already have begun making the adjustments necessary to operate within the new Life Insurance Framework, writes Catherine Evans...
Financial planning
New survey data prompts call for more consumer education around life/risk to encourage a self-directed approach....
People & Products
The Life Insurance Framework and the Life Insurance Code of Conduct will be key elements at the FSC’s annual Life Insurance Conference in March....
MARKET INSIGHTS
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...