CommInsure has announced its support for the retention of adviser commissions on risk products.
In a statement released this week, the insurer indicated it opposes any ban of commissions on retail insurance products and supports flexible payment options for clients deciding how to pay for advice, considering commissions to be ‘… a sensible choice for many Australians’.
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.
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.
The latest Aviva Weekly bulletin notifies advisers of details surrounding the impending brand transition from Aviva to MLC.
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.
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.
AXA Australia (AXA) has maintained its business focus in launching an upgraded market offer for its AXA’s Elevate risk products range.
Following the completion of its national roadshow presentations last week, the enhanced AXA’s Elevate proposition comes into effect this week, from 16 August 2010.
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.
Professional Investment Services has announced the internal appointment of David Spiteri to the role of Regional Manager Risk (Southern).
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