Category | Remuneration

ASIC Bans Adviser Over False Insurance Information

ASIC has banned a former Guardian FP adviser for seven years after he provided false information on insurance application forms sent to superannuation funds. (more…)

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0 · June 23, 2017 in Compliance & Regulation, Remuneration, Superannuation  
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The Uncertain Future for Specialist Risk Advisers

Our latest poll seeks your view on whether a risk-focussed advice business will remain viable following the implementation of the Life Insurance Framework remuneration reforms. (more…)

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6 · June 20, 2017 in Compliance & Regulation, Remuneration  

News In Brief

AIA Vitality Program Boosts Online Presence ASIC Bans Adviser for Double Charging CBA Set to Wrap-Up Review Program Sequoia Purchases Interprac Advice Business (more…)

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0 · June 20, 2017 in Company News, Dealer Groups, Remuneration  
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Three-Step Process to Charging Fees for Risk Advice

Risk specialist adviser and consultant, Chris Unwin, has put forward a strategy that he says can form the basis for a business model under which risk-focussed advisers can charge fees for their advice solutions. (more…)

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10 · June 19, 2017 in Remuneration  
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Advisers to Receive Fees for myOwn Health Insurance Referrals

AIA Australia has revealed further details of its private health insurance product roll-out including a 20 percent referral fee for advisers whose clients go on to purchase the product . (more…)

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0 · June 8, 2017 in Company News, Products, Remuneration  

Latest Poll – Consumers Will Pay More for Life Insurance Solutions

Our latest poll result suggests most advisers are predicting there will be an increase in the cost of life insurance that will be paid by the consumer post the introduction of the Life Insurance Framework reforms. (more…)

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1 · June 6, 2017 in Compliance & Regulation, Polls, Remuneration  

ASIC Releases Commission and Clawback Instrument

ASIC has released the regulatory instrument which will set the commission caps and claw-back arrangements under the Life Insurance Framework (LIF) reforms. (more…)

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0 · June 5, 2017 in Claims, Compliance & Regulation, Products, Remuneration  

ASIC Releases New Sample SoA for Life Insurance

ASIC has released a new sample Statement of Advice (SoA) for life insurance which highlights prominent and upfront disclosure of commissions while omitting a range of disclaimers and warnings. (more…)

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3 · May 31, 2017 in Compliance & Regulation, Products, Remuneration  
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The Cost of Life Insurance Advice Under the LIF Reforms?

Our latest poll asks whether you believe your clients will pay more for life insurance advice under the LIF reforms. (more…)

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5 · May 29, 2017 in Compliance & Regulation, Polls, Remuneration  
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Advisers Set to Charge More for Advice Post LIF

New research has revealed that many advisers will be charging more for their advice services as a result of the implementation of the Life Insurance Framework reforms. (more…)

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10 · May 23, 2017 in Compliance & Regulation, Remuneration