2019 Tougher for Risk Advice Businesses

The results from our latest poll suggest most advisers and their practices will do it tougher in 2019, as year two of the Life Insurance Framework reform processes get rolling. (more…)

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1 · January 14, 2019 in Compliance & Regulation, Polls, Remuneration  

AFA Critical of FASEA Professional Standards Package

The Association of Financial Advisers has registered its strong dissatisfaction with multiple elements associated with the new professional standards requirements proposed to be implemented by FASEA. (more…)

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5 · January 14, 2019 in Compliance & Regulation  

FASEA Latest

The Financial Adviser Standards and Ethics Authority released a raft of statements just before Christmas which updated the sector on areas including future CPD requirements for advisers, newly approved degree courses and requirements for new entrants into the advice sector: (more…)

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3 · January 8, 2019 in Compliance & Regulation  

Royal Commission Placing Pressure on Business Valuations

Financial advisers with smaller risk books are looking to exit the market as soon as possible, fearing an impact on business valuations from the Financial Services Royal Commission, according to one business broker. (more…)

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0 · January 7, 2019 in Practice Management, Practice Marketing, Remuneration  

AFA Names New Inspire Chair, Roadshow Dates

The AFA has appointed a new chair to one of its Community of Practices, naming Sydney-based adviser, Kate McCallum, as National Chair of AFA Inspire, while also releasing dates for its 2019 Connect Roadshow. (more…)

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0 · January 7, 2019 in Appointments, Associations, Conferences and Events  

AIA Vitality Reaches 100,000

AIA Australia has reported it passed the 100,000 member mark for its AIA Vitality health and wellbeing program in 2018. (more…)

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0 · January 3, 2019 in Company News, General  

Greater Recognition of Experience Needed in Education Model – AFA

The education pathways for existing advisers proposed by FASEA need to take into greater consideration the experience of older advisers as well as any Continuing Professional Development (CPD) they have attained, according to the AFA. (more…)

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2 · December 18, 2018 in Associations, Compliance & Regulation, Training  

AIA Australia Extends Fee Waiver and Lump Sum Discount Campaigns

AIA Australia will extend two adviser campaigns, offering a policy fee waiver and initial lump sum discount, by a further three months to the end of March 2019. (more…)

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0 · December 18, 2018 in Company News, Products, Services  

Landmark Joint Code Monitoring Initiative Announced

In what has been described as a ‘defining moment’ for the financial advice profession in Australia, six major professional associations have announced the establishment of a joint code monitoring cooperation agreement. (more…)

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1 · December 18, 2018 in Compliance & Regulation  

Latest Poll – Life Insurance Framework Update

As the life insurance industry forges head-long into uncharted territory next year, we’d like to know where you stand after twelve months into the three-year Life Insurance Framework reform transition period. (more…)

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5 · December 18, 2018 in Compliance & Regulation, Polls, Remuneration