December 3, 2019
Beddoes Institute has this week announced the winners of its inaugural Most Valued BDM of the Year Awards. (more…)
TAL Launches National Skin Check Initiative
In a consumer-facing value-added initiative, TAL has launched its national skin check initiative, TAL SpotChecker. (more…)
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…)
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…)
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…)
CommInsure Sentenced for Hawking Offences
December 2, 2019
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…)
ASIC Raises Concern on FDS Compliance
December 1, 2019
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…)
FPA Releases Evolution of Advice Discussion Paper
November 29, 2019
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…)
‘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…)
Decline in Life Insurance Industry Performance Continues
November 28, 2019
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…)
