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LIF – Have You Changed Your Business Model?

Our latest poll follows up on the 53% of advisers who said, eight months ago, they would be changing their business model because of the Life Insurance Framework reforms. (more…)

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3 · November 21, 2017 in Compliance & Regulation, Polls, Practice Management, Remuneration  

TAL Expands Mental Health Focus

TAL will provide customers with extended mental health resources after it announced a partnership with the Black Dog Institute and the University of Sydney. (more…)

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0 · November 21, 2017 in Company News  

News in Brief

ANZ Wealth Insurance Portal Goes Mobile; MLC Life Named as Super Fund Insurer (more…)

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0 · November 21, 2017 in Company News, Superannuation, Technology  

BT Spends $1.6 Million on Return to Health Program

BT Financial Group has revealed it has spent $1.6 million in the past year as part of external rehabilitation support designed to return claimants to high levels of pre-claim health. (more…)

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0 · November 21, 2017 in Claims, Company News  
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AMP Opens Assessment Tool to Non-aligned Advisers

AMP has released a practice diagnostic tool that measures ‘LIF readiness’ to advisers outside its aligned advice network. (more…)

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0 · November 21, 2017 in Company News, Compliance & Regulation, Practice Management, Training  
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PJC Reporting Date Extended for Third Time

The Parliamentary Joint Committee (PJC) Inquiry into the Life Insurance Industry will now release its final report three months after the commencement of the Life Insurance Framework regime. (more…)

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4 · November 21, 2017 in Compliance & Regulation, Products, Remuneration  

Address Under-insurance at Personal Finance Level

Income protection insurance should be presented as part of personal finances and Governments should be pressuring insurers to provide transparent and easy to understand products, a new global study into income protection under-insurance has stated. (more…)

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0 · November 17, 2017 in Company News, General, Products  
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Zurich Top Choice For Consumers

Zurich has been named as the preferred choice of life insurance policy holders, winning the top award at the second annual Consumer Choice Awards. (more…)

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0 · November 17, 2017 in Associations, Company News, Conferences and Events  

Expanded Life Code Less Useful For Consumers

Any efforts to expand the FSC’s Life Insurance Code of Practice so that it was mandatory for advisers would make it less useful for consumers, the Council has told the PJC Inquiry into Life Insurance. (more…)

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0 · November 14, 2017 in Associations, Compliance & Regulation  

Queensland Adviser Accepts EU For Best Interests Failure

A Queensland financial adviser has agreed to cease providing financial services for five years after ASIC found he failed to consider the best interests of clients while providing life insurance advice. (more…)

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5 · November 14, 2017 in Compliance & Regulation