Advisers Waiting for More Clarity on New Education Requirements

Our latest poll results suggest a lot of advisers remain uncertain about what additional studies they’ll need to undertake to comply with the new minimum education standards, while very few advisers believe they’re already good to go. (more…)

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4 · February 27, 2018 in Compliance & Regulation, General, Polls  

MDRT Evolution of Advice Roadshow – Courage and No Limits

The 2018 MDRT Evolution of Advice National Roadshow series advocated to advisers that having the courage to change and not impose limits will create a recipe for long-term success. (more…)

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0 · February 27, 2018 in Associations, Conferences and Events  

News in Brief

OneCare Available Through Macquarie Wrap TAL Recognised For Ongoing Gender Equality Efforts (more…)

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0 · February 27, 2018 in Company News, Products, Technology  

ASIC Bans Adviser For Misleading Insurance Information

ASIC has banned a former adviser employed by two of the major banks after it found he failed to act in the best interests of clients, and gave inappropriate advice in the areas of superannuation and life insurance. (more…)

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3 · February 27, 2018 in Compliance & Regulation  

BTFG Names New Insurers on APL

BT Financial Group (BTFG) has named the two new insurers it will be adding to its life insurance APL. (more…)

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0 · February 26, 2018 in Company News, Products  

ASIC Bans Risk Adviser Based on Lapse Data Research

A West Australian adviser has become the first person to be banned from providing advice as a result of ASIC Life Insurance Lapse Data Project (LILD Project) after receiving a five year ban for failing to act in the best interests of clients when providing life insurance advice. (more…)

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3 · February 23, 2018 in Compliance & Regulation, Products  

Value of Advice Moving From Sale of Insurance

Financial advisers will struggle to demonstrate the value of their advice if they believe it lies in helping people purchase life insurance or delivering claims cheques, a US financial adviser has claimed. (more…)

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6 · February 20, 2018 in Associations, Conferences and Events, General, Products, Services  

Latest Poll – Will You Need More Study?

Our latest poll is seeking to gauge ‘the mood of the meeting’ when it comes to what proportion of the adviser community thinks it needs to undertake more studies in order to qualify for the minimum standards that will be required of them under the new professional standards legislation. (more…)

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10 · February 20, 2018 in Compliance & Regulation, General, Polls  

Aligned Groups Pay $50 Million For Non-compliant Advice

Financial advice groups aligned to the four major banks and AMP have paid more than $51 million in compensation as a result of non-compliant advice, according to ASIC, which is continuing to review the work of 50 advisers. (more…)

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0 · February 20, 2018 in Company News, Compliance & Regulation, Dealer Groups  

Synchron Appoints New NSW State Manager

Synchron has appointed one of its own advisers as the incoming NSW State Manager following the decision of the incumbent to focus on his own practice. (more…)

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0 · February 16, 2018 in Appointments, Dealer Groups