- Advisers Worse off Under FoFA
- OnePath Life Company of the Year
- Midwinter Ranked Number One by Advisers
Advisers Worse of Under FoFA
Confirming earlier studies, latest research from Wealth Insights reports advisers believe they will be worse off under the proposed Future of Financial Advice reforms.
In answer to the question: ‘If the proposed reforms take effect will your business be better-off or worse-off?’ 65% of advisers expect their businesses to be in a worse situation after the reforms take effect. This proportion is up sharply from 33% in 2010.
In the same report, 73% of advisers expect their business revenue to decrease if the proposed reforms take effect.
OnePath Life Insurance Company of the Year
Onepath has been named the AFR Smart Investor Life Company of the Year for the fourth year in a row.
OnePath thanked advisers for this recognition, noting it knows its success relies on feedback from, and its partnership with, financial advisers.
The insurer also took out the Income Protection Product of the Year.
Midwinter Ranked Number One by Advisers
Research firm Midwinter has released a statement in which it announces it has been rated number one in overall satisfaction by financial planners in the latest Investment Trends 2011 Planner Technology Report.
The researcher details ten service elements in which it says it ‘topped the league tables’ in this year’s survey:
- Overall usefulness
- Ease of use
- Scenario modelling
- Stability
- Production of complex plans
- Constructing portfolios
- Speed
- Vendor support
- Tax planning
- Production of simple plans
- Debt research
