AFA Concerns Over FASEA Adviser Exam

The AFA has voiced a number of concerns about the proposed Financial Adviser Examination, details of which were released last week (see: FASEA Releases Draft Exam Guide). (more…)

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0 · July 17, 2018 in Associations, Compliance & Regulation  

Latest Poll – Can You Get 65%?

We’re keen to know whether you think you could pass FASEA’s proposed Financial Adviser Examination. (more…)

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0 · July 17, 2018 in Compliance & Regulation, Polls  
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Claims Advocacy Service Promoted as Efficiency Driver

Australian Financial Risk Management’s claims advocacy service has driven greater efficiencies within its business, according to the risk-focussed advice practice. (more…)

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0 · July 17, 2018 in Claims, Services  

TAL Diabetes Training Initiative

TAL has announced it has developed an education course enabling financial advisers to get the best outcomes for clients who are impacted by diabetes. (more…)

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0 · July 13, 2018 in Services, Training  
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FASEA Releases Draft Adviser Exam Guide

A proposed 65% pass mark will be required for all advisers taking the new Financial Adviser Examination. (more…)

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0 · July 11, 2018 in Compliance & Regulation  
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PJC Claims FSC, Insurers Slow to Act on Inquiry Report

A Parliamentary Joint Committee inquiry has challenged life insurers and the FSC for their lack of action in dealing with concerns raised at a previous PJC life insurance inquiry, claiming the inaction was further damaging the credibility of the life insurance sector. (more…)

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0 · July 11, 2018 in Associations, Claims, Compliance & Regulation, Products, Services  

ClearView Claims Opt-In Regime Hurts Consumers

ClearView Life has repeated its call for all life insurance inside superannuation to be offered on an opt-in basis to all fund members claiming many members are under-insured, unaware of what they are insured for and are paying too much for the cover they receive. (more…)

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0 · July 10, 2018 in Products, Services, Superannuation  
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Integrity Life Names Retail Product Launch Date

Start-up life insurer, Integrity Life will launch its retail products to advisers at the start of October and has recruited a senior executive from TAL to head up its product distribution to financial advisers. (more…)

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0 · July 10, 2018 in Products, Services  
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FPA Claims FASEA Has Overlooked Adviser Effort

Further calls have been made for the Financial Adviser Standards and Ethics Authority (FASEA) to recognise the current education of financial advisers, with the FPA claiming the standards setting body has overlooked past-training relevant to the provision of advice. (more…)

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5 · July 6, 2018 in Associations, Compliance & Regulation, Training  
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ASIC Moves Against Firms Using ‘Independent’

ASIC has moved against four financial advice businesses who were using the restricted terms ‘independent’ and ‘independently owned’, and forced them to cease and amend any claims of independence that were misleading to consumers. (more…)

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0 · July 5, 2018 in Compliance & Regulation