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  

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  

APL Fees Paid by Insurers are ‘Modest’

Life insurers are paying up to $200 per adviser per annum to provide education and training on products on a licensee’s approved product list (APL), with this figure being described as ‘modest’ by Zurich Financial Services. (more…)

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1 · June 16, 2017 in Dealer Groups, Products  

ASIC Funding Model Passes Parliament

The financial services sector will contribute to industry funding of ASIC from 1 July this year after legislation creating the funding model passed through the Senate. (more…)

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6 · June 16, 2017 in Compliance & Regulation  

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  

Seek Referrals From Clients Who ‘Love You’

Advisers should be specific about what type of new clients they are seeking when asking existing clients for referrals and should focus on those who have already provided a referral, according to the head of a Melbourne boutique advice business…

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· June 14, 2017 in Associations, Conferences and Events, Practice Marketing  

AIA Realigns Senior Staffers for Health Insurance Push

AIA Australia has appointed its current Chief Finance and Strategy Officer, Harry Efthimiou to a new role of Chief Health Insurance Officer. (more…)

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0 · June 13, 2017 in Appointments, Company News  

News in Brief

BTFG Promotes Ethics With Advisers FPA Offers Pro-Bono Advice to Cancer Sufferers (more…)

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0 · June 13, 2017 in Associations, Dealer Groups  

Life Insurance Should Play Greater Role in Protecting Retirees

The life insurance sector can increase its role in protecting the savings of older and retired people smoothing the decumulation phase and providing care and support for unexpected health shocks, according to a report from a major reinsurer. (more…)

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1 · June 13, 2017 in Products  

ASIC Bans Westpac Adviser, Cancels Insurance Licence

ASIC has banned a former Westpac adviser for five years after finding he failed to meet his obligations to clients, including charging for advice when none was given. (more…)

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0 · June 8, 2017 in Compliance & Regulation