Looking towards a future fee for service environment, practice consulting firm, Business Health, has outlined an eight-step process for advisers and advice practices to assist in reviewing the current range of advice services they offer.
Category: General
Longevity Issues - Life Expectancy Being Underestimated
August 31, 2010 – 7:10 pm
A study released by global reinsurer, Swiss Re, has warned about the consequences to longevity funding brought about by underestimating life expectancy.
Direct Life Insurance Becoming More Attractive to Consumers
August 27, 2010 – 2:11 pm
More Australians are turning to non-advice, direct life insurance products, as the DIY insurance sector offers more attractive customer solutions, according to research firm CANSTAR CANNEX (Canstar).
FPA on Coalition Plans, Other FPA News
August 23, 2010 – 2:17 pm
In what it called ‘a step in the right diredction’, the FPA released a statement just prior to the election last week that supported the Federal Coalition’s plans to consult with the financial services industry about the recommendations contained in the Cooper Review of Superannuation, particularly in relation to the MySuper proposal.
Underinsurance Social Media Campaign
August 20, 2010 – 12:38 pm
The Financial Services Council’s Lifewise program has launched Australia’s first social media campaign associated with underinsurance.
Called the Rose Coloured Glasses campaign, its stated purpose is to have Australians look carefully at their circumstances to determine whether they are properly insured for the good of their families.
Risk Businesses in Demand as Practices Warned… ‘Grow or Go’
August 17, 2010 – 5:49 pm
The Global Financial Crisis has led to a renewed respect from many planning firms for the value of life insurance portfolios within their practice, according to a leading industry contributor.
Launch of New Insurance Industry Consumer Campaign
August 17, 2010 – 5:19 pm
The first stages of a new education campaign have been launched by ANZIIF to better inform the public about the value of insurance and risk management.
Called Know Risk, the online campaign is intended to support the work carried out by advisers in both the general and life insurance sectors by delivering useful information about insurance to the public, in order for them to gain a better understanding of the practical and financial aspects of risk management.
Asteron Announced as Preferred Insurer in Aon/Smartline Joint Venture
August 17, 2010 – 11:20 am
Following a tender process, Asteron has emerged as the insurer of choice to underwrite the recently-announced partnership between Aon Financial Planning & Protection and mortgage broker,Smartline.
FSC Launches New Trustmark for Financial Products, Services
August 16, 2010 – 12:16 pm
A new Trustmark standard is to be introduced next year for financial products and services, intended to act as a quality indicator for consumers.
Coalition Would Create Better Financial Services Sector
August 11, 2010 – 11:24 am
Advisers would overwhelmingly prefer a new Coalition Government to manage Australia’s financial services sector, according to our latest poll.
