{"id":77649,"date":"2025-06-16T11:39:54","date_gmt":"2025-06-16T00:39:54","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=77649"},"modified":"2025-06-17T14:45:36","modified_gmt":"2025-06-17T03:45:36","slug":"positive-signs-for-future-of-risk-advice-survey","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2025\/06\/16\/positive-signs-for-future-of-risk-advice-survey\/","title":{"rendered":"Positive Signs for Future of Risk Advice – Survey"},"content":{"rendered":"

The life insurance advice sector appears to be showing signs of recovery in retail risk new business, according to the latest Advice Landscape \u2013 Life Insurance Edition<\/em><\/a> study by Adviser Ratings<\/a>.<\/p>\n

Its data shows the industry saw modest growth last year, with $315m in new business written, a 7% increase on the 2023 year. The firm’s estimated new business for 2025 is put at $340m.<\/p>\n

Adviser Ratings also forecasts retail risk new business will pass $500m annually by 2030, thanks in part to technology efficiencies. Still, it has a long way to go to reach the 2018 peak of $568m.<\/p>\n

\"Financial
Data and graphic courtesy of Adviser Ratings, taken from its 2025 Landscape Study.<\/figcaption><\/figure>\n

The study, based on responses from 1,200 advisers and 500 practice heads, also reveals a shift in adviser sentiment with regard their future in the industry.<\/p>\n

A record 90% of advisers now report being \u2018certain\u2019 they will remain in working in the sector, a figure that\u2019s up from the 74% recorded in 2021. The remaining 10% could be those with an eye on 1 January 2026, and retirement.<\/p>\n

\"Financial
Data and graphic courtesy of Adviser Ratings, taken from its 2025 Landscape Study.<\/figcaption><\/figure>\n

Advisers are increasingly specialising by profession according to survey results, tailoring risk advice to clients in industries such as mining, healthcare, and farming.<\/p>\n

Of Australia\u2019s 6,077 advice practices, 720 plan to increase their focus on risk insurance. Practice margins are nudging 25%.<\/p>\n

The full survey report is to be published 8 July.<\/p>\n","protected":false},"excerpt":{"rendered":"

The life insurance advice sector appears to be showing signs of recovery in retail risk new business, according to the latest Advice Landscape \u2013 Life Insurance Edition study by Adviser Ratings. Its data shows the industry saw modest growth last year, with $315m in new business written, a 7% increase on the 2023 year. The […]<\/p>\n","protected":false},"author":23,"featured_media":77642,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":{"0":"post-77649","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-general"},"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/77649","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\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=77649"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/77649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/77642"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=77649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=77649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=77649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}