Tag Archives | feature

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Is the Proposed FASEA Exam Fair?

Our latest poll shifts debate back to the FASEA education standards and the proposed qualifying exam for advisers. (more…)

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2 · August 14, 2018 in Compliance & Regulation, Polls  
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Advice Ranks Low in Million Switching Decisions

More than one million life insurance policies had the potential to switch providers in the past financial year but a recommendation from an adviser was the key driver in only six per cent of switches, according to research released by Roy Morgan. (more…)

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2 · August 14, 2018 in Products, Services  
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O’Dwyer to Relay Exam Concerns to FASEA

The Minister for Revenue and Financial Services, Kelly O’Dwyer will relay adviser concerns about the lack of details in the National Exam proposed by FASEA, after the issues was raised in a meeting with the AFA. (more…)

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1 · August 10, 2018 in Associations, Compliance & Regulation, Training  
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AMP Flags Possible Sale of Life Business

AMP has flagged that it may consider the sale of its life insurance business in Australia as part of an ongoing wider strategic review of the group’s business. (more…)

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3 · August 9, 2018 in Company News  
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Call for Individual Adviser Licensing

Financial institutions and regulators are standing in the way of client-centric reforms, and moves to license individual advisers, in a bid to retain control and promote their own self-interests, according to Connect Financial Service Brokers Chief Executive, Paul Tynan. (more…)

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8 · August 7, 2018 in Compliance & Regulation, Dealer Groups, Remuneration, Services  
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BT Introduces Level Premium Policy Replacement

BT Financial Group will allow level premium policy holders to change the funding method and ownership structure of their policy while retaining their original entry age premium rates under a new replacement policy. (more…)

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0 · August 7, 2018 in Company News, Products  
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MetLife Australia Expands Underwriting and Sales Teams

MetLife Australia has made a number of key appointments to its retail service and underwriting teams ahead of its expected re-entry into the retail advised space later this year. (more…)

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0 · August 7, 2018 in Appointments, Company News  
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Affinia Expands Into Licensee Services

TAL-owned financial advice group, Affinia, has extended its advice offering into the provision of licensee services aimed at independently operated financial advice businesses. (more…)

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0 · August 3, 2018 in Company News, Dealer Groups, Practice Management, Products, Services  
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Licensees to be Publicly Rated Under New Proposal

Advisers and consumers may be able to assess the quality and risk factors associated with a licensee under a new ratings system that is being put forward by research group, Adviser Ratings. (more…)

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2 · July 31, 2018 in Dealer Groups, Products, Services  
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Lack of Time Driving Advisers to Claims Services

Advisers are opting to use claims advocacy services to free up their own time to interact with clients and to work on their businesses, according to the head of AFRM Claims Advocacy (ACA), Bruno Muraca. (more…)

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6 · July 31, 2018 in Claims, Services