80/20 Works
Life insurance commissions should remain as a valid form of remuneration for advisers and the prevailing hybrid commission model should revert to 80/20...
Riskinfo’s current poll results strongly support the contention that an 80/20 commission...
1,900 Advisers Registered for March FASEA Exam
Some 1,900 candidates have already registered for the March FASEA exam and bookings will close on 5 March 2021.
(Also see: FASEA Update: Helping Advisers Prepare for the Exam.)
A statement from the authority says advisers...
Poll Results – 80/20 Works
Advisers have sent a clear message on what they think is needed to successfully operate a risk specialist advice business.
As we go to press, nine in ten of those taking our latest poll (89%)...
MDRT Planning ‘In-Person’ Global Conference
Million Dollar Round Table, the global advisers’ association with more than 65,000 members, appears to be on track to deliver an ‘in-person’ global conference in Singapore later this year.
MDRT says that while its 2021...
Risk Product Profitability Continues to Decline
Profitability of risk products has substantially declined in recent years, largely due to continuing losses in individual disability income insurance (IDII) and further declines in the profitability of individual lump sum and group business,...
Lapse Rates Surge – Churn Not the Villain
Retail lapse rates have surged since the implementation of the Life Insurance Framework reforms, but the causes are not related to churning.
This is one of many findings documented by specialist financial services consulting firm,...
FASEA Update: Helping Advisers Prepare for the Exam
With five exam sittings remaining for existing advisers to sit and pass the exam, FASEA has drawn advisers’ attention to support and materials available to assist their exam preparation.
This includes a pre-exam webinar series...
Latest Poll – 80/20 Works
Our latest poll is effectively projecting a reality beyond the release of ASIC's 2021 review of the quality of life insurance advice, should the outcome of the review and its recommendations result in the...
Launch of ‘Unique’ IP Offer
Niche player, PPS Mutual, has launched what it refers to as a unique income protection underwriting offer to the Australian market.
Available for newly qualified professionals at the beginning of their career, the new 'Professional...
New Online Client-Facing Fact Find Launched
Following successful beta testing, Padua has launched Capri – a new ‘client-facing’ digital fact find that, the company says, makes this important step in the advice journey simpler, quicker and more accurate for advisers...