- Disagree (60%)
- Agree (23%)
- Not sure (17%)
Despite optimistic reports from last month’s Riskinfocus 25 Risk Advice CPD events suggesting a revival in Australia’s life insurance industry, our latest poll reveals a disconnect with many advisers’ experiences.
The events, held nationwide, highlighted a sector rebound after years of stagnation, with TAL’s Chief Executive of Individual Life, Gavin Teichner, citing an 8.3% rise in new business and $316m in new business sales written last year (see: Positive Signs for Risk Advice).
He attributed the growth to increased adviser participation and stronger licensee support, painting a positive picture for the industry.
However, the results to date in our poll asking whether that growth has been reflected in your own business tells a different story. So far, two in three advisers (67%) disagree with the statement, with 18% agreeing and 15% unsure.
This suggests that while industry-wide data may reflect growth, many advisers aren’t feeling the uptick in their own practices. Does this apply to you?
There’s still time for you to tell us what you think, as our poll remains open for another week…
