{"id":32448,"date":"2016-02-16T17:33:15","date_gmt":"2016-02-16T06:33:15","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=32448"},"modified":"2016-02-17T05:59:51","modified_gmt":"2016-02-16T18:59:51","slug":"zurich-launches-adviser-lif-support-program","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2016\/02\/16\/zurich-launches-adviser-lif-support-program\/","title":{"rendered":"Zurich Launches Adviser LIF Support Program"},"content":{"rendered":"

Zurich Financial Services Australia will roll out five pillars of Life Insurance Framework (LIF) support for advisers stating each would represent practical ways to help advisers position themselves before the 1 July transition date.<\/p>\n

\"Zurich's<\/a>
Zurich’s Head of Distribution, Retail Life & Investments, Kristine Brooks<\/figcaption><\/figure>\n

The insurer stated the five key areas being covered in its \u2018Blueprints for the Future\u2019 initiative covered product innovation, efficiency, business marketing and management, customer care and advocacy and best practice.<\/p>\n

It also stated the Blueprints were developed following consultation with advisers in the second half of 2015 and reference to research from Zurich that indicated advisers were planning to expand their advice offering and were planning to improve efficiency by investing in technology and increasing their use of insurer provided services.<\/p>\n

As a result of this Zurich would revamp its education offering into the Zurich Curriculum which would offer programs to assist advisers looking to broaden their advice offering or work with new client segments including professionals and high net worth clients, small businesses, and estate planning and SMSF clients.<\/p>\n

The insurer would also offer a remuneration cash flow modeller to allow advisers to model the cash flow impact of the new LIF remuneration arrangements over the short to medium term.<\/p>\n

These efforts would sit alongside a recent product overhaul<\/a> with Zurich Life and Investments, Head of Distribution, Kristine Brooks the insurer\u2019s partnership approach was necessary in adapting to and leveraging the LIF changes.<\/p>\n

\u201cThe Blueprints represent all the practical ways advisers have told us they want to be supported,\u201d Brooks said.<\/p>\n

\u201cFor example, efficiency is a key focus for advisers right now, so we are concentrating on those technology based initiatives which can bring greater efficiency to all aspects of the advice value chain, including the initial client engagement and onboarding and ongoing client management, as well as the obvious areas like the new business and underwriting processes.\u201d<\/p>\n

\u201cAdapting to change of this magnitude is no easy task, but with the support represented by our five Blueprints for the Future, we are confident we can help advisers create a framework that sees better advice, better advice businesses and better customer outcomes.\u201d<\/p>\n

Zurich will promote the Blueprints for the Future via a national roadshow starting in Perth this week and visiting mainland state capital cities.<\/p>\n","protected":false},"excerpt":{"rendered":"

Zurich Financial Services Australia will roll out five pillars of Life Insurance Framework (LIF) support for advisers stating each would represent practical ways to help advisers position themselves before the 1 July transition date.<\/p>\n","protected":false},"author":3,"featured_media":32453,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,248],"tags":[4247],"class_list":["post-32448","post","type-post","status-publish","format-standard","has-post-thumbnail","category-company-news","category-training","tag-feature"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/32448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=32448"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/32448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/32453"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=32448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=32448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=32448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}