ASIC’s Priorities for 2025
Alan Kirkland, Commissioner of the Australian Securities and Investments Commission (ASIC), has provided an overview of the state of financial advice.
Addressing industry stakeholders Kirkland outlined ASIC’s observations, ongoing investigations, and priorities for the year...
CALI Publishes Guidance on Domestic Violence
The Council of Australian Life Insurers (CALI) has released its best practice guidance on family and domestic violence for insurers.
“People often contact life insurance companies during the most difficult moments in their lives. For...
Victims of Family and Domestic Violence Deserve Support
Following the release of CALI's guide on domestic violence, Kent Griffin, CEO and MD of Acenda (formerly MLC Life Insurance) writes that family violence has an enormous social and economic cost for Australia...
We know...
FSC Calls for ‘Deregulation Agenda’
The FSC has welcomed ASIC’s proposal that financial advice firms need not report breaches under some circumstances.
ASIC proposes there would be no need to report a breach if:
It has been rectified within 30...
Latest CSLR Levy Estimate Put at $193m
The financial advice profession could be on the hook to pay Compensation Scheme of Last Resort (CSLR) fees totalling $123m in the 2026/27 year according to the FAAA. This follows news of a potential...
Latest Poll – New Business Premium Discounting
Our latest poll seeks your view on the sometimes contentious issue of upfront premium discounting on new business and is sparked by this week’s announcement of a new premium structure option launched by Zurich...
Zurich Launches ‘Flatter Pricing’ Option
News that Zurich has released a premium pricing option to offer advisers choice at policy commencement attracted a high level of reader interest this week...
Zurich has released a new premium pricing option intended to...
Stephen Jones – Proud of Super Changes
Fifteen years after Stephen Jones delivered his first speech as the 1,076th member of the House of Representative, saying government “must see the world through the eyes of working men and women”, he stood...
TAL Risk Academy Celebrates 10 Years of Supporting Advisers
Since the TAL Risk Academy began 10 years ago the education platform has supported the careers of financial advisers, professional year candidates, and practice staff.
In that time the academy has seen more than 118,000...
IP Sales Fall Sharply
Latest data released by Plan For Life reports a sharp decline in individual income protection insurance sales, offset only marginally by a small increase in lump sum sales growth.
The research firm's quarterly market overview...