Industry EventsKeep up-to-date with our Calendar of upcoming industry events... |
February 19, 2019
ASIC has has released an update on its intentions to implement the recommendations of the Banking Royal Commission, which includes its approach to grandfathered investment and superannuation product commissions and to life insurance commissions. (more…)
Advisers are divided on whether they think their business will remain viable if forced into a level commission remuneration model for life insurance advice after 2021. (more…)
The Association of Financial Advisers has released a scathing analysis of the Banking Royal Commission’s recommendations on the future of life insurance commissions, arguing that Commissioner Hayne’s risk commission recommendations contain errors, misunderstandings and are based on an ideological bias. (more…)
February 12, 2019
Our latest poll has been driven by the Government’s statement that it will mandate level commissions for life insurance advice if ASIC’s 2021 review finds that the Life Insurance Framework remuneration reforms have not had the desired impact on ‘aligning the interests of advisers and consumers’. (more…)
February 8, 2019
The Association of Financial Advisers has strenuously opposed what it refers to as the ideological determination put forward in the Banking Royal Commission final report to remove all conflicted remuneration. (more…)
February 6, 2019
The Federal Government is contemplating the implementation of a flat life insurance commission structure in future, pending the outcome of ASIC’s review of the Life Insurance Framework reforms, due in 2021. (more…)
February 5, 2019
The Banking Royal Commission has recommended that the current cap on life insurance commissions should eventually reduce to zero, unless there is clear justification for retaining those commissions. But is the basis of this recommendation flawed? (more…)
February 4, 2019
The Banking Royal Commission has cast a giant shadow over the long-term future of life insurance commissions. (more…)
January 14, 2019
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…)
January 7, 2019
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…)
