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Life Insurance

Adviser body wants clarity over ‘advice’ description

1 March 2021

The Advisers Association says today it is “potentially misleading” to label financial product information as “advice” when it is not...

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Laws requiring annual advice fee statements passed in Parliament

1 March 2021

Legislation aimed at protecting Australians from hidden advice fees and unexpected expenses passed in Parliament last week...

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Adviser gave client ‘inappropriate’ life insurance advice: AFCA

1 March 2021

The Australian Financial Complaints Authority has ruled financial firm Your Super Life gave “inappropriate” advice when it recommended a client should set up a self-managed superannuation fund which would also look after his personal insurance needs...

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Strong life earnings lift ClearView in December half

1 March 2021

ClearView Wealth has posted higher first-half earnings, driven partly by stronger results from its life business...

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CountPlus says ‘clean’ model strategy paying off for advice arm

1 March 2021

Count Financial has posted a 74% rise in first-half earnings, a sign that the advisory practice is on the right growth path, according to CountPlus, which bought the business from Commonwealth Bank in 2019...

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Challenger appoints Westpac high flyer as CFO

1 March 2021

Challenger has appointed Rachel Grimes as CFO, effective May 3, replacing Andrew Tobin who is stepping down after 13 years...

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