Category | Associations

iStock-620716536-2

FSC Defends APLs as Cost Saving Measure For Advisers

The FSC has defended the use of Approved Product Lists (APL) of life insurance products by financial advisers telling a Government inquiry the lists are required to allow advisers to provide affordable advice. (more…)

Continue Reading
4 · December 4, 2017 in Associations, Products  

‘Unnecessary’ Royal Commission Should Restore Trust

The calling of a Royal Commission into banking and financial services was likely to remove uncertainty and restore consumer confidence but should not re-examine areas covered by previous inquiries and reviews, according to industry bodies. (more…)

Continue Reading
4 · December 4, 2017 in Associations, Compliance & Regulation  

AFA Launches Consumer Magazine

The AFA has launched a consumer focused magazine off the back of its Your Best Interests (YBI) video series and website. (more…)

Continue Reading
1 · November 28, 2017 in Associations, Soft Skills  

FPA Names Annual Award Winners

The FPA has named the recipients of its annual awards at its recent Professionals Congress held in Hobart with a Western Australian planner and practice winning the leading awards. (more…)

Continue Reading
0 · November 24, 2017 in Associations, Conferences and Events  
iStock-484045138

Legacy Products Climb as Rationalisation Stagnates

Close to 300 legacy life insurance products could be closed if the Federal Government amended laws around product rationalisation, the FSC has claimed. (more…)

Continue Reading
3 · November 24, 2017 in Associations, Products  
iStock-525205553

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…)

Continue Reading
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…)

Continue Reading
0 · November 14, 2017 in Associations, Compliance & Regulation  
iStock-120504468

Former AFA CEO Named to ASIC Peer Review Panel

Former AFA Chief Executive, Brad Fox has been named as one of initial members of ASIC’s newly formed peer review body, the Financial Services and Credit Panel (FSCP). (more…)

Continue Reading
3 · November 10, 2017 in Appointments, Associations, Compliance & Regulation  

News in Brief

ClearView Advice Exec Joins Fortnum; FPA Names Award Finalists; Future2 Gives $130K in Grants (more…)

Continue Reading
0 · October 31, 2017 in Appointments, Associations, Conferences and Events, Dealer Groups  
iStock-627870120

Education Standards for New Advisers Welcomed

New entrants into the financial advice sector will be required to gain a bachelor level degree that covers the technical aspects of financial advice as well as ethics, professional attitudes and behaviours. (more…)

Continue Reading
3 · October 31, 2017 in Associations, Compliance & Regulation, Training