What is the single most critical initiative you would implement to address Australia’s underinsurance dilemma?
- Allow the cost of all life insurance premiums to be made tax deductible (26%)
- Allow the cost of financial advice to be made tax deductible (19%)
- I have another solution (17%)
- Develop and implement financial literacy programs in which every primary and/or secondary school student would have the opportunity to participate (15%)
- Compulsory life insurance for anyone taking out a mortgage (14%)
- Initiate public awareness campaigns to better educate adult consumers about the critical importance and value of life insurance (9%)
Start Date: April 20, 2021 @ 5:55 pm
End Date: May 4, 2021 @ 4:28 pm
End Date: May 4, 2021 @ 4:28 pm
As a risk specialist adviser, I’m prepared to explore alternative propositions such as consulting or general advice as a way to retain my relationship with my clients and to extend my involvement in the industry.
- Disagree (46%)
- Agree (37%)
- Not sure (17%)
Start Date: March 30, 2021 @ 2:04 pm
End Date: April 20, 2021 @ 6:00 pm
End Date: April 20, 2021 @ 6:00 pm
Individual risk new business sales will trend higher in 2021
- Disagree (76%)
- Agree (16%)
- Not sure (8%)
Start Date: March 16, 2021 @ 1:33 pm
End Date: March 30, 2021 @ 3:38 pm
End Date: March 30, 2021 @ 3:38 pm
If you had to choose, which remuneration model would you prefer when writing replacement life insurance business:
- Hybrid commission, retaining the two-year clawback requirement (66%)
- Flat commission only, with no clawbacks (27%)
- Not sure (7%)
Start Date: March 2, 2021 @ 5:24 pm
End Date: March 16, 2021 @ 1:35 pm
End Date: March 16, 2021 @ 1:35 pm
An 80/20 risk commission model will sustain a viable risk-focussed advice business, but a 60/20 model will not.
- Agree (90%)
- Disagree (6%)
- Not sure (4%)
Start Date: February 16, 2021 @ 11:52 am
End Date: March 2, 2021 @ 7:15 pm
End Date: March 2, 2021 @ 7:15 pm