December 6, 2018
New education standards being put forward by FASEA will be disadvantage female, part-time, and older advisers who will not be able to both work and study, according to the chair of a top five licensee. (more…)
Integrity Life Appoints Retail Sales Manager
Integrity Life has continued to expand its senior leadership team with the appointment of a former CommInsure sales manager to oversee the group’s retail business in NSW, ACT and Queensland. (more…)
Seeing More Clients Will Not Save Risk Advice – ClearView
December 4, 2018
Risk advisers are unlikely to survive under the LIF changes by selling more insurance or seeing more clients and should consider expanding their services or implementing a mixed fee and commission model, according to ClearView. (more…)
MLC Life Names New Chief Underwriter
MLC Life has named a new Chief Underwriter as part of a round of appointments aimed at expanding the operational capability of the life insurer. (more…)
AIA Names Advice Firm as Healthiest Employer
A Sydney financial advice business has been named as one of Australia’s healthiest workplaces as part of annual survey conducted by AIA Australia. (more…)
ASIC Cancels Licence of Advice Firm
December 3, 2018
ASIC has cancelled the financial services licence of a Melbourne based advice business that offered life insurance linked to personal loans, a month after it was hit with a multi-million dollar penalty for breaching financial services laws. (more…)
TAL to Offer Health Insurance Via Expanded Partnership
November 30, 2018
TAL will offer health insurance cover to the clients of financial advisers under an expanded partnership with health insurer nib. (more…)
FASEA Releases Two Stage Process to Recognise Foreign Qualifications
Financial advisers with qualifications gained overseas will be required to have them assessed by a Federal Government approved body before seeking further approval from FASEA that the training is considered eligible for recognition of prior learning. (more…)
NEOS Exceeds Target For Underwriting Decisions
November 27, 2018
New life insurance entrant, NEOS Life has announced that it made more than 86 percent of underwriting decisions within three working days, exceeding its own target of 80 percent set at launch in June of this year. (more…)
CommInsure Updates Application Tool With Alternative Terms
CommInsure has made a number of enhancements to its policy application tool including the launch of Alternative Terms and updates to its client management system. (more…)
