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Life Insurance

AFA savages commissions bill

16 September 2019

The passage of the bill banning grandfathered commissions last week leaves thousands of advisers and clients without any solutions about what to do, the Association of Financial Advisers says...

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Shock tactics: Industry lobbying called 'emotional blackmail'

16 September 2019

The life insurance sector’s efforts to convince politicians to vote against further insurance in super legislation is “emotional blackmail”, Super Consumers Australia says...

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ASIC takes phone sales companies to court

16 September 2019

The Australian Securities and Investments Commission is taking insurance sales companies Select AFSL, BlueInc Services, Insurance Marketing Services and director Russell Howden to court for mis-selling insurance policies to vulnerable customers...

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ASIC suspends licence for planning practice

16 September 2019

The corporate regulator has suspended the financial services licence of Queensland-based planning business Financial Options so it can put its house in order...

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Senate forms fintech committee inquiry

16 September 2019

The Financial Planning Association has applauded the Senate for launching an inquiry into fintech and regtech...

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