{"id":84501,"date":"2026-11-03T16:27:07","date_gmt":"2026-11-03T05:27:07","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=84501"},"modified":"2026-11-03T16:27:56","modified_gmt":"2026-11-03T05:27:56","slug":"one-sided-poll-supports-greater-collaboration","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2026\/11\/03\/one-sided-poll-supports-greater-collaboration\/","title":{"rendered":"One-Sided Poll Supports Greater Collaboration"},"content":{"rendered":"<div id=\"polls-374\" class=\"wp-polls\">\n\t<form id=\"polls_form_374\" class=\"wp-polls-form\" action=\"\/index.php\" method=\"post\">\n\t\t<p style=\"display: none;\"><input type=\"hidden\" id=\"poll_374_nonce\" name=\"wp-polls-nonce\" value=\"7a329a8fa7\" \/><\/p>\n\t\t<p style=\"display: none;\"><input type=\"hidden\" name=\"poll_id\" value=\"374\" \/><\/p>\n\t\t<div class=\"pollHeader\" style=\"margin-bottom:10px\"><strong>A more collaborative relationship between regulators and life insurance industry stakeholders would better serve the aspirations of the financial advice profession for the ultimate benefit of the consumer.<\/strong><\/div><div id=\"polls-374-ans\" class=\"wp-polls-ans\">\n\t\t<div style=\"margin-bottom: 3px;clear: both;border-bottom: dotted 1px #fff;padding-bottom: 2px;overflow:auto\">\r\n\r\n<span style=\"float: left\"><input type=\"radio\" id=\"poll-answer-1453\" name=\"poll_374\" value=\"1453\" \/><\/span> \r\n\r\n<label for=\"poll-answer-1453\" style=\"padding-left: 5%;float: left;width: 85%\"><span>Agree<\/span><\/label>\r\n\r\n<\/div><div style=\"clear:both\" \/><\/div>\n\t\t<div style=\"margin-bottom: 3px;clear: both;border-bottom: dotted 1px #fff;padding-bottom: 2px;overflow:auto\">\r\n\r\n<span style=\"float: left\"><input type=\"radio\" id=\"poll-answer-1454\" name=\"poll_374\" value=\"1454\" \/><\/span> \r\n\r\n<label for=\"poll-answer-1454\" style=\"padding-left: 5%;float: left;width: 85%\"><span>Disagree<\/span><\/label>\r\n\r\n<\/div><div style=\"clear:both\" \/><\/div>\n\t\t<div style=\"margin-bottom: 3px;clear: both;border-bottom: dotted 1px #fff;padding-bottom: 2px;overflow:auto\">\r\n\r\n<span style=\"float: left\"><input type=\"radio\" id=\"poll-answer-1455\" name=\"poll_374\" value=\"1455\" \/><\/span> \r\n\r\n<label for=\"poll-answer-1455\" style=\"padding-left: 5%;float: left;width: 85%\"><span>Not sure<\/span><\/label>\r\n\r\n<\/div><div style=\"clear:both\" \/><\/div>\n\t\t<div style=\"clear: both\"><div style=\"text-align: center;font-weight: bold\"><input type=\"button\" value=\"   VOTE   \" class=\"Buttons futura\" onclick=\"poll_vote(374);\" \/><\/div><div style=\"text-align: center;font-size: 16px;font-weight: bold\" class=\"futura\"><a href=\"#ViewPollResults\" onclick=\"poll_result(374); return false;\" title=\"View Results Of This Poll\">View Results<\/a><\/div><\/div><\/div>\n\t<\/form>\n<\/div>\n\n<p>The results of our latest poll reveal the view shared by an overwhelming majority of advisers, while at the same time suggesting we might have found a more challenging proposition for you to consider.<\/p>\n<p>As we go to press this week, all but a handful of those voting in this poll support the notion that a more collaborative relationship between regulators and life insurance industry stakeholders would better serve the sector. We appreciate, however, that such a proposition is almost a &#8216;no-brainer&#8217; and that we should have taken a more thoughtful approach to putting a proposition around regulatory governance which offered something more than a one-sided outcome.<\/p>\n<p>As <em>Riskinfo<\/em> readers may be aware, this poll takes the opportunity to contrast the regulatory approaches adopted by UK and Australian authorities around managing conflicts of interest in life insurance advice &#8211; ie risk commissions (see: <a href=\"https:\/\/riskinfo.com.au\/news\/2026\/10\/13\/uk-commissions-remain-uncapped-what-can-australia-learn\/\" target=\"_blank\" rel=\"noopener\">UK Commissions Remain Uncapped&#8230;<\/a>). While the two markets cannot be compared like-for-like, there exist sufficient similarities which can offer an opportunity to reasonably compare and contrast approaches to regulatory reform.<\/p>\n<p>One of the reasonable arguments advanced by <strong>Philip Kewin<\/strong> in his opinion piece is whether &#8211; in an attempt to regulate against poor consumer outcomes &#8211;\u00a0 the regulatory response itself risks reducing access, innovation and competition.<\/p>\n<p>Kewin goes on to articulate the UK regulator&#8217;s approach, which advances an alternative methodology: &#8220;&#8230;regulators can challenge the industry, scrutinise remuneration and intervene where evidence demonstrates consumer harm &#8211; without automatically imposing a cap on the commercial relationship between insurers and intermediaries.&#8221;<\/p>\n<p>Notwithstanding our admittedly one-sided poll proposition, Kewin&#8217;s argument nonetheless seems worthy of the industry&#8217;s time and effort for further consideration.<\/p>\n<p>Our poll remains open for another week and we welcome your thoughts&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The results of our latest poll reveal the view shared by an overwhelming majority of advisers, while at the same time suggesting we might have found a more challenging proposition for you to consider. As we go to press this week, all but a handful of those voting in this poll support the notion that [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":84534,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,7734,270],"tags":[],"class_list":["post-84501","post","type-post","status-publish","format-standard","has-post-thumbnail","category-compliance-regulation","category-featured","category-remuneration"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/84501","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=84501"}],"version-history":[{"count":5,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/84501\/revisions"}],"predecessor-version":[{"id":84533,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/84501\/revisions\/84533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/84534"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=84501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=84501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=84501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}