Monthly Archives: September 2019
Minimum Education Standards for Risk Advice?
Our latest poll is effectively asking you whether life insurance advice should be treated as a special case when it comes to minimum adviser education standards.
This is a question which does not have a...
Loss of Perspective Troubling Advisers
A top business consultant says a growing number of advisers are starting to lose some key perspectives as they struggle to come to terms with financial services industry reforms.
As she prepares to join a...
Top 5 Life Insurers Dominate Australian Market
The top five life insurance companies in Australia now dominate the market in 2019, new research shows.
The five largest life insurers have gained an additional 19.2 percent of the total market in the past...
AFCA Naming Names From This Week
The Australian Financial Complaints Authority will be required to name financial firms in its published determinations from this week, as it reveals its top ten tips for advisers.
Coming into effect from 1 October 2019,...
AFA Questions Royal Commission Adherence to Terms of Reference
The Association of Financial Advisers has voiced its concerns that a number of the recommendations stemming from the Banking Royal Commission paid little or no heed to one of its key terms of reference.
Outlining...
The Bottom Line About Your Bottom Line
Respected industry contributor, Elixir Consulting founder, Sue Viskovic, offers a future pathway to success for risk advisers that she says can and does work. This pathway articulates a risk advice business model that embraces...
Advisers Hurting Over Grandfathered Commission Ban
The response to our latest poll on the implications for advice businesses associated with the banning of grandfathered investment and super commissions has been huge - in engagement, in response numbers and in the...
Coaching Firm Expands
Well-known coaching and consulting firm, Elixir Consulting, has announced two new appointments as it grows its national footprint.
Experienced industry practitioner, Andrew George, will head up Elixir’s presence in Melbourne, while Graham Burnard, who has...
New Super Legislation Passed
The Government's 'Putting Members' Interests First' Bill became law last week, in a move the Coalition says will protect the retirement savings of low-balance and young super members from '...inappropriate insurance.'
The 'Treasury Laws Amendment...
CommInsure Quotation Tool Enhancements
CommInsure has released a new SPDS this week to coincide with enhancements made to its MyQuote quotation tool.
Taking effect from 22 September 2019, the enhancements to the insurer's quotation system and structures are intended...