Monthly Archives: June 2013
News in Brief
Zurich BDM Appointment;
COIN Launches iPad App;
ANZIIF Insurance Award Finalists Announced
Zurich BDM Appointment
Zurich has expanded its WA risk sales team, appointing new Business Development Manager, Ryan de Bruin.
Mr de Bruin has worked as a financial...
Industry is Not Ready for FoFA – AFA
A large portion of the financial services industry will not be FoFA-ready from 1 July 2013, the Association of Financial Advisers (AFA) has conceded.
AFA CEO, Brad Fox, told riskinfo that while the industry had...
Clarification – Duty of Disclosure Requirements
Only certain elements of the new duty of disclosure requirements, incorporated in the recent Insurance Contracts Amendment Bill 2013, will apply to life insurance.
The Senate recently passed the Bill, which amends the Insurance Contracts...
Investigation Leads Suncorp to Improve Insurance Operations
A failure to disclose policy upgrades to some life insurance customers is just one of the issues uncovered by a review into the operations of the Suncorp Group’s Life and General Insurance businesses.
The Australian...
Real Insurance Acts on ASIC Concerns
Direct insurer, Real Insurance, has responded to concerns raised by the Australian Securities and Investments Commission (ASIC) over the promotion of its funeral insurance product.
Real Insurance, which is a brand of Hollard Financial Services,...
Guardian Launches Practice Equity Deal
Guardian Advice has taken the first step in the delivery of its new Practice Equity Model, announcing a partnership with WA-based planning firm, Capital Managers.
Under the Practice Equity Model, the risk-specialist dealer group is...
Advisers Look to BDMs For Admin Support
Advisers place more value on a BDM’s ability to resolve administration issues than on their strategic business development skills, according to the responses we have received so far on our latest poll.
Despite research which...
Troy Edmondson Joins Affinia
High profile Queensland adviser, Troy Edmondson, has joined risk specialist dealer group, Affinia.
Mr Edmondson, who was the 2006 AFA Adviser of the Year, is relinquishing his own boutique AFSL in order to concentrate more on...
InsuranceLine Throws Down Gauntlet on Funeral Insurance
InsuranceLine has issued a challenge to other funeral insurance providers, saying its new product will shake up the market and set new standards for the industry.
The new funeral insurance product from the direct insurance brand, which...
Eureka Financial Group Expands
NSW-based planning firm, Eureka Financial Group, has more than doubled its size, following the recent decision by CBA to remove licensee Whittaker Macnaught from the market.
Eureka, which is licensed under Financial Wisdom, has announced it...