Tag Archives | feature

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New Appointee to Head TAL/Suncorp Integration

In confirming the completion of its acquisition of Suncorp’s life insurance business, TAL has announced the appointment of Andrew Howard to head its transition team. (more…)

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0 · March 1, 2019 in Appointments, Company News  
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New Licensee Rating System to Launch

Adviser Ratings has announced it will launch a new ‘quality of advice’ rating system for financial advice licensees. (more…)

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0 · March 1, 2019 in Compliance & Regulation, General  
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BT Software Enhancements, Policy Fee Offer

BT has announced two enhancements for its risk quotes and application platform, LifeCENTRAL+, and has also extended its policy fee waiver offer. (more…)

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0 · February 26, 2019 in Products  
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MLC Life Insurance, TAL Recognised for Gender Equality

Specialist insurers MLC Life Insurance and TAL have both been awarded citations for their high gender equality standards. (more…)

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0 · February 26, 2019 in Company News  
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Labor May Ban All Risk Commissions

The Federal Opposition has confirmed it would ban all risk commissions if ASIC’s 2021 review of the impact of the Life Insurance Framework reforms offers no clear justification for retaining them. (more…)

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16 · February 25, 2019 in Compliance & Regulation, Remuneration  
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Scale Remains Key Factor in Advice Business Profitability

Scale continues to be a critical benchmark in determining the ongoing profitability of Australian advice practices, according to Business Health. (more…)

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0 · February 21, 2019 in General  
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ASIC Response to Royal Commission – Grandfathering and Risk Commissions

ASIC has has released an update on its intentions to implement the recommendations of the Banking Royal Commission, which includes its approach to grandfathered investment and superannuation product commissions and to life insurance commissions. (more…)

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1 · February 19, 2019 in Compliance & Regulation, Remuneration  
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Level Commission Poll Results

Advisers are divided on whether they think their business will remain viable if forced into a level commission remuneration model for life insurance advice after 2021. (more…)

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3 · February 19, 2019 in Compliance & Regulation, Polls, Remuneration  
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Post Royal Commission Risk Advice – What Needs to Change?

Passionate risk advice specialist, consultant and author, Chris Unwin**, has penned a brief article on what he thinks needs to change for the world of risk advice following the release of the Royal Commission recommendations. (more…)

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3 · February 19, 2019 in General  
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Errors, Misunderstandings, Bias in Royal Commission Recommendations on Risk Commissions – AFA

The Association of Financial Advisers has released a scathing analysis of the Banking Royal Commission’s recommendations on the future of life insurance commissions, arguing that Commissioner Hayne’s risk commission recommendations contain errors, misunderstandings and are based on an ideological bias. (more…)

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13 · February 19, 2019 in Compliance & Regulation, Remuneration