Category | General

Preventable Health Risks an Opportunity for Insurers

Four main risk factors are leading to four major non-communicable diseases which are responsible for 90% of deaths in Australia according to AIA Australia and New Zealand, Chief Executive, Damian Mu. (more…)

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0 · June 23, 2017 in Conferences and Events, General  

Vertically Integrated Insurers Overlooking Policy Holders

The mutual life insurance model will continue to attract interest from advisers and consumers who feel they are being overlooked by listed insurers who are more focused on shareholders, the head of PPS Mutual has claimed. (more…)

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0 · June 20, 2017 in General, Products  

Top Tips on How to Segment Your Database and Keep the Clients You Want

Respected risk-focussed WA adviser, Mark Rando, has shared his top tips with his peers on determining which clients an advice business should focus on retaining and how they can achieve it…

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· June 14, 2017 in Conferences and Events, General, Practice Management, Practice Marketing  

Paperwork, Compliance Hassles Top Risk Advice List of Challenges

Paperwork and compliance top the list of issues advisers say they face when providing advice on life insurance, according to early findings from the 2017 Investment Trends Planner Risk Survey. (more…)

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0 · May 30, 2017 in Compliance & Regulation, General  

Quotas Needed to Boost Presence of Women

The financial services sector should consider quotas for the greater involvement of women thus removing the need for them having to push and shout for attention, according to a group of female advisers. (more…)

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1 · May 25, 2017 in Associations, Conferences and Events, General  

Life Insurers Post Profit Downturn

Net profit after tax for the entire life insurance sector fell away by more than $500 million in the year to the end of March 2017, according to data released by the Australian Prudential Regulation Authority (APRA). (more…)

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0 · May 25, 2017 in General, Products  

Challenge to Advisers – Reach One in Two Consumers

The financial advice sector has been challenged to reconsider its approach towards how it adds value in order to increase its engagement with advised consumers from one-in-five to one-in-two. (more…)

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0 · May 23, 2017 in Associations, Conferences and Events, General  

Aligned Advice Groups to Pay More for Non-existent Advice

Aligned advice groups will collectively pay up to 15% more compensation to clients who were charged for advice they did not receive, with the total expected level of compensation to reach $205 million dollars. (more…)

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0 · May 22, 2017 in General, Remuneration  

Adviser Roles Not Clearly Understood by Policy Holders

Financial advisers and life insurers may need to consider working more closely together in managing expectations of policy-holders with new research finding many already expect a joint effort in applying for a policy and when making a claim. (more…)

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1 · May 16, 2017 in Claims, General, Products, Services  

Demand for Life Books Stays Strong

Demand for life insurance books of business has not declined in the lead-up to the start of the Life Insurance Framework, according to financial advice business broker, Radar Results. (more…)

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1 · May 8, 2017 in General, Remuneration