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Zurich Dominates New BDM Awards

Beddoes Institute has this week announced the winners of its inaugural Most Valued BDM of the Year Awards. (more…)

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1 · December 3, 2019 in General  
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TAL Launches National Skin Check Initiative

In a consumer-facing value-added initiative, TAL has launched its national skin check initiative, TAL SpotChecker. (more…)

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0 · December 3, 2019 in Company News, General  
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Latest Poll – APRA’s Action on Income Protection Insurance

Our latest poll is asking whether you support APRA’s intervention on income protection insurance products. (more…)

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2 · December 3, 2019 in Compliance & Regulation, Polls, Products  

AFCA Supports FASEA Code

The Australian Financial Complaints Authority has announced how it will assess adviser conduct obligations under the new Financial Adviser Code of Ethics. (more…)

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0 · December 3, 2019 in Associations, Compliance & Regulation  
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APRA Sets New Course for IP Sustainability

In a momentous development, APRA has imposed a prescriptive set of changes on life companies designed to revive the flagging sustainability of individual income protection insurance products in Australia. (more…)

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6 · December 3, 2019 in Compliance & Regulation  

CommInsure Sentenced for Hawking Offences

CommInsure has been sentenced following its conviction on 87 counts of offering to sell insurance products in the course of unlawful, unsolicited telephone calls, contrary to s992A(3) of the Corporations Act, ASIC stated in a release. (more…)

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0 · December 2, 2019 in Compliance & Regulation  

ASIC Raises Concern on FDS Compliance

ASIC has voiced its concern over consumers receiving financial advice who are potentially at risk of receiving incorrect information about advice fees, or in some cases, being charged fees after ongoing fee arrangements have terminated, following the release of its new report on fee disclosure obligations. (more…)

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0 · December 1, 2019 in Compliance & Regulation  

FPA Releases Evolution of Advice Discussion Paper

The Financial Planning Association of Australia has released a new discussion paper on the evolution of advice over the next five years and opened consultation on its proposed new policy platform, which it expects to release in 2020. (more…)

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0 · November 29, 2019 in Associations, Practice Management  

‘Breaking Paper’ With Future Digital SoA – FPA

Digital Statements of Advice are key to improving the advice experience, says Financial Planning Association of Australia CEO, Dante De Gori, following the release of research findings conducted by its Future of the Statement of Advice Working Group. (more…)

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1 · November 29, 2019 in Associations, Technology  

Decline in Life Insurance Industry Performance Continues

Australia’s life insurance industry’s performance continues to decline, according to the Australian Prudential Regulation Authority’s latest Quarterly Life Insurance Performance Statistics publication for the September 2019 quarter. (more…)

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3 · November 28, 2019 in General, Products