Adviser Numbers Edge Higher
The net number of advisers increased by two to 15,138 over the past week, according to the latest stats.
Citing ASIC data, Colin Williams, Data Manager at Padua Wealth, says weekly adviser movement has slowed...
Zurich Sells Investment Firm
Zurich is to concentrate on insurance following an agreement to sell Zurich Investment Management Limited (ZIM) to Russell Investments.
Justin Delaney, CEO of Zurich Australia & New Zealand, said the decision to divest ZIM allows...
FAAA Women’s Day Conference
The FAAA is holding an Inspire International Women’s Day luncheon in Adelaide on Thursday 5 March.
The event's keynote speaker is entrepreneur and podcaster Sophie Edwards who is on a mission to break the stigma...
FAAA Raises Concerns Over Genetic Test Bill
The FAAA is concerned that those with genetic test results showing significantly increased health risks could take advantage of life insurers under the Treasury Laws Amendment (Genetic Testing Protections in Life Insurance and Other...
Modest Confidence for Business Growth
Advisers are generally optimistic about the growth of their practice this year with 55% indicating they expect their advice business to be in a better commercial position by December.
Our poll follows the release of...
PPS Mutual Awards: Finalists Profiles – Part Three
In the third and final of company profiles featuring firms shortlisted to win the inaugural PPS Mutual Risk Practice of the Year Award we look at Personal Risk Professionals and Skye Wealth.
The winner will be...
Premium Waiver for Victims of Victorian Bushfires
MetLife Australia is offering a three‑month premium waiver to support eligible customers affected by bushfires across Victoria.
The waiver is available on request for customers living in government‑designated bushfire areas and applies to the period...
Former Adviser Jailed
Former financial adviser Anthony Paul Torre has been sentenced to six years imprisonment, backdated to commence 29 January 2025. He was sentenced at the District Court of Western Australia and will be eligible for...
FAAA Calls for Changes to Life Insurance Code
The FAAA has called for changes to the Life Insurance Code of Practice, stating that mental health exclusions and higher premiums are eroding consumer trust and policy sustainability.
Phil Anderson, the FAAA’s GM of Policy,...
Claim Denials Drive Rise in Life Insurance Complaints
Attracting much reader interest this week was news that despite AFCA receiving more than 100,000 complaints from consumers last financial year, just 2.4% related to life insurance...
More than 100,000 complaints were lodged with AFCA...