Which of the following statements most closely reflects your position in relation to the Trowbridge policy recommendations?
- I generally do not support the Trowbridge policy recommendations (60%)
- I support all of the Trowbridge policy recommendations, other than those related to adviser remuneration (31%)
- I support all of the Trowbridge policy recommendations (9%)
Start Date: April 28, 2015 @ 11:05 am
End Date: May 12, 2015 @ 3:19 pm
End Date: May 12, 2015 @ 3:19 pm
My advice practice could successfully operate under a hybrid commission model for life insurance advice.
- Agree (82%)
- Disagree (12%)
- Not sure (6%)
Start Date: April 15, 2015 @ 2:38 am
End Date: April 28, 2015 @ 12:42 pm
End Date: April 28, 2015 @ 12:42 pm
Will the Trowbridge Reform Model remuneration proposal (level commissions supplemented by an Initial Advice Payment) sustain a viable advice practice?
- No (87%)
- Yes (8%)
- Not sure (5%)
Start Date: March 30, 2015 @ 7:45 am
End Date: April 28, 2015 @ 12:42 pm
End Date: April 28, 2015 @ 12:42 pm
What is the most significant factor preventing a greater take-up of life insurance by Australian consumers?
- Adverse consumer attitudes towards life insurance and/or financial advice (44%)
- General economic conditions and affordability (29%)
- Other issue(s) (10%)
- Product complexity - it's just too difficult (9%)
- Life companies failing to learn from the lessons of the past (7%)
- Adviser remuneration issues, including churning (1%)
- Not sure (0%)
Start Date: March 17, 2015 @ 11:20 am
End Date: March 30, 2015 @ 7:47 am
End Date: March 30, 2015 @ 7:47 am
In order to improve the public perception of advisers, the word 'commission' should be replaced by a new term, such as 'adviser service fee'
- Agree (63%)
- Disagree (33%)
- Not sure (4%)
Start Date: February 24, 2015 @ 1:25 pm
End Date: March 17, 2015 @ 11:25 am
End Date: March 17, 2015 @ 11:25 am