TAL Offers LIF, Professional Standards Course

TAL has expanded its adviser education offer with a course designed to assist advisers prepare for business changes under the Life Insurance Framework (LIF) and professional standards legislation.

TAL GM Retail Distribution, Niall McConville

TAL GM Retail Distribution, Niall McConville

Offered via TAL’s Risk Academy, the free one-hour course will cover the LIF and professional standards legislation and a timeline of expected events and what will be require of advisers in the future, according to TAL General Manager Retail Distribution, Niall McConville

“We also explain higher education pathways that advisers may not be aware of, such as study units that do not require classroom learning,” McConville said.

“The course also provides case studies to demonstrate the impact of the LIF remuneration structures on advisers’ business models and options for managing business efficiency and client engagement,” he added.

…some advisers were still uncertain about the timelines and requirements of the LIF changes…

McConville said that attendance and feedback from the Risk Academy indicated some advisers were still uncertain about the timelines and requirements of the LIF changes and that more than 200 advisers had attended the course already with many citing the clarification of the LIF reform timeframes as a highlight.

The course is presented by TAL General Manager of Legal, Chad Downie and TAL Sales Development Manager, Mitchell Ramsbotham. It can be accessed as on on-demand webinar and carries one CPD point accredited through the AFA and FPA.

The course is the second new addition to TAL’s Risk Academy which recently included a course on cancer awareness (see: TAL Offers Cancer Awareness Course), adding to the more than 30 courses already available through the online training portal (see: TAL Boosts Risk Academy With More Courses, CPD Points).