Advisers urged to embrace digital world
04 August 2014
Online delivery will soon begin to replace bricks-and-mortar businesses in the financial advice industry, according to Netwealth MD Matt Heine…
Life Insurance
Coles weighs up FSC membership
04 August 2014
Coles may join the Financial Services Council, as it continues to expand the range of financial products sold through its supermarkets…
AFA unveils education award contenders
04 August 2014
The Association of Financial Advisers has named the state winners in this year’s Excellence in Education Award…
TAL calls for time limit on disability lodgement
04 August 2014
TAL wants a time limit put on disability claims for “living benefit” policies…
Advisers make change to hybrid commissions
04 August 2014
Advisers are switching to hybrid commissions on life products because they offer greater value than upfront payments, according to AIA Australia…
TAL tells life industry to level with customers
28 July 2014
Consumers should be made aware of level premiums when taking out life policies, according to TAL Group CEO Jim Minto…
Self-inflicted wounds hurt group life insurers: APRA
28 July 2014
Group life insurers have come under fire for the “bucket-load of self-inflicted problems” that have led to “quite significant increases” in disability claim costs…
Collaboration holds key to rehab: AIA
28 July 2014
The most successful rehabilitations for injured claimants are workplace-driven, according to research commissioned by AIA Australia…
Data capture poses problem for insurers
28 July 2014
More than half of Europe’s insurers and reinsurers say obtaining data in the right place at the right time is the biggest challenge in analytics…
Advisers show their generosity
28 July 2014
The Association of Financial Advisers has raised $12,000 for its charity foundation after members dug deep at roadshow events in Hobart, Adelaide and Perth last week…
Financial advisers brace for another inquiry
21 July 2014
The fallout from the Commonwealth Bank advice scandal has spawned yet another inquiry into the industry…
Palmer gets his way on FOFA regulations
21 July 2014
Advisers face further requirements under the Future of Financial Advice (FOFA) legislation following a parliamentary deal between the Coalition and the Palmer United Party…
Cormann approves enhanced adviser register
21 July 2014
The Federal Government has agreed to established an enhanced public register of financial advisers…
Consistency poses problem for advisers
21 July 2014
“Variability in the quality” of services is the financial advice industry’s main problem, according to the Financial System Inquiry…
Industry applauds FSI recommendations
21 July 2014
The Financial System Inquiry’s plan to look again at the issue of aligned and non-aligned advisers has been welcomed by life specialist dealer group Synchron…
Rehabilitation cuts costs, says Swiss Re
14 July 2014
Money spent by Australian life insurers on rehabilitation services is cutting income protection claims costs, a study by Swiss Re has found…
FOFA amendment regulations facing defeat
14 July 2014
Labor has forced the Government to table its Future of Financial Advice amendment regulations in the Senate…
Brogden swaps FSC for institute of directors
14 July 2014
Financial Services Council CEO John Brogden will leave the organisation at the end of the year…
FPA calls for summit to stamp out rogue advice
14 July 2014
The Financial Planning Association says an industry summit is preferable to a royal commission when it comes to winning back public trust…
Shorten demands financial advice inquiry
14 July 2014
Opposition Leader Bill Shorten has called for a parliamentary inquiry into financial advice, with a particular focus on the Commonwealth Bank…