September 10, 2018
Financial advice related to life insurance will not be examined during the current round of hearings of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. (more…)
Royal Commission Will Not Examine Life Insurance Advice
Continue Reading
1 · September 10, 2018 in Claims, Compliance & Regulation, Products, Remuneration, Services, Superannuation
1 · September 10, 2018 in Claims, Compliance & Regulation, Products, Remuneration, Services, Superannuation
Retain DFP For Non-Advice Roles
September 7, 2018
The Diploma of Financial Planning (DFP) should be retained for the training of financial services professionals who do not provide advice but who will need some further training, according to Mentor Education Group principal, Dr Mark Sinclair. (more…)
Group Life Code of Practice Too Weak to be Effective
The current voluntary code of practice covering life insurance inside superannuation is too weak at present to be effective and should be made mandatory for all superannuation trustees, according to ASIC. (more…)
AFA Appoints Alliances Manager
The AFA has recruited a former Suncorp executive manager to the oversee the development of alliances with business partners that benefit members of the Association. (more…)
Continue Reading
0 · September 7, 2018 in Appointments, Associations, Conferences and Events, Products, Services
0 · September 7, 2018 in Appointments, Associations, Conferences and Events, Products, Services
NSW Adviser Removed from Industry For Three Years
September 5, 2018
ASIC has accepted a court enforceable undertaking (EU) from a NSW financial adviser which will prohibit him from providing advice for three years. (more…)
Financial Services to Remain Within Treasury
September 4, 2018
The Federal Treasurer, Josh Frydenberg, has confirmed there will not be a designated minister to oversee the financial services sector but that Assistant Treasurer, Stuart Robert, would oversee the area as part of his duties. (more…)
Integrity Life Expands Executive Team
Integrity Life has recruited two further senior staffers from its larger competitors ahead of the release of retail products to advisers later this year. (more…)
AMP Updates Medical Definitions After Review
AMP has updated three medical definitions related to cancer, Parkinson’s disease and cardiac arrest following an annual review of all definitions for products on-sale and off-sale. As a result of this review, the updated definitions, which are effective from the 3 September 2018 make the following changes: Cancer – removed the AIDs exclusion and Kaposi’s […]
AIA Australia to Offer Two Year Policy Fee Waiver
September 3, 2018
AIA Australia will waive the policy fee for two years for new customers who apply for a Priority Protection policy before the end of the year. (more…)
TAL Extends Spinal Health Education Initiative
TAL has extended its spinal health underwriting education initiative to focus on a wider range of conditions associated with musculoskeletal conditions. (more…)
