New tool helps AIA cut application time
08 April 2013
AIA Australia says it can now process cleanskin applications within 24 hours…
Life Insurance
Brokers face penalties for using ‘financial adviser’ tag
25 March 2013
Individuals who sell general insurance products cannot call themselves financial planners or advisers under the new Corporations Amendment Bill…
Macquarie Life takes inaugural FSC award
25 March 2013
The winners of the inaugural Financial Services Council Life Insurance Awards were announced in Sydney last week…
FPA warns industry of degree requirement
25 March 2013
The Financial Planning Association has launched an advertising campaign reminding planners that from July 1 they must have an approved degree to obtain practitioner membership status…
AFA aims to help women’s careers
25 March 2013
The Association of Financial Advisers has launched a national initiative to support women in the industry…
Use profits to value practices, owners urged
25 March 2013
Practice management consultants Business Health has launched a financial planning practice valuation tool that uses profit multiples…
Top life companies hold on to market share
18 March 2013
The major life insurance groups largely protected their market shares last year, according to a report by Dexx&r…
Staff hold the key to a practice’s success: Fox
18 March 2013
Staffing decisions can seriously affect a practice’s performance and the satisfaction levels of workers and management, a US financial planning dealer group has warned…
Industry speakers set agenda at FSC life conference
18 March 2013
The Financial Services Council Life Insurance Conference on Thursday will address the issues of changing consumer demand and regulation, among others…
Super members ‘want health and general insurance’
18 March 2013
Health and general insurance are the second and third-most popular products among super fund members, according to new research by CoreData…
Young advisers urged to think for themselves
18 March 2013
Synchron is running a series of national workshops encouraging young advisers to consider the issues affecting their profession…
Retirees favour SMSFs for retirement solutions
11 March 2013
Consumers are unsure which type of super will offer the best retirement solutions, including life insurance options, according to new research from CoreData…
Partnership disputes expected to rise
11 March 2013
The number of partnerships that will end in an acrimonious dispute will increase in 2013, a Melbourne-based consultant has warned…
TAL named AFA’s life company of the year
11 March 2013
TAL has been named as the Association of Financial Advisers' life company of the year.
Guardian plans to give young advisers a helping hand
11 March 2013
A financial planning dealer group has come up with a solution to help younger advisers buy well-established practices…
Rantall signs on for another term at FPA
11 March 2013
The Financial Planning Association has confirmed Mark Rantall is staying on as CEO for the next few years…
Associations back code guidelines
04 March 2013
The Association of Financial Advisers and the Financial Planning Association have welcomed the Australian Securities and Investments Commission’s new guidelines on the approval of codes of conduct…
Life insurers report strong year
04 March 2013
Inflows to the individual lump sum life insurance market grew to $5.5 billion in 2012, up 10.4% from $5 billion the previous year, according to research house Plan For Life…
Losses push up PI rates
04 March 2013
Insurers are taking a cautious approach to writing professional indemnity cover for financial planners, citing concerns about an increase in disputes and litigation…
AIA profit jumps, but strong Australian growth offset by claims
04 March 2013
Hong Kong-based AIA Group has reported an 89% increase in profit to $US3.02 billion ($2.93 billion) for the year to November 30, and says its Australian business performed strongly…