Adviser software includes social media links
13 August 2012
IRESS has enhanced the social media tool in the latest version of its adviser back-office software, XPLAN 2.2…
Life Insurance
Qualified support for FSC’s new churning rules
06 August 2012
The two main adviser bodies have given qualified support for the Financial Services Council’s new life insurance remuneration framework…
Government reforms ‘create better financial services industry’
06 August 2012
Better governance of the financial services industry will be in evidence in five years thanks to the Federal Government’s reform agenda, Financial Services Minister Bill Shorten says…
Opposition ‘has draft FOFA changes ready’
06 August 2012
The Federal Opposition has drafted its Future of Financial Advice amendment legislation based on the 16 recommendations in its response to the parliamentary joint committee report on FOFA…
NDIS ‘no risk for life insurers’
06 August 2012
Life insurers will not see any impact on their businesses from the National Disability Insurance Scheme, Every Australian Counts National Campaign Director John Della Bosca says…
AIA on growth path
06 August 2012
AIA is the fastest-growing life insurer in the Australian market, according to its Australia CEO Peter Crewe…
FSC wants stamp duty lifted off life policies
06 August 2012
The Financial Services Council intends to push for tax reforms that will include the removal of stamp duty on life insurance policies…
ASX passes share issue for ClearView advisers
06 August 2012
ClearView Wealth’s adviser network now has access to 10.49 million shares in the company under a waiver provided by the Australian Securities Exchange…
Coalition admits possible delays on opt-in removal
30 July 2012
Federal Coalition plans to scrap the controversial opt-in requirement if it wins next year’s election could be delayed by the outcomes of repealing the carbon and mining taxes…
ASIC expects codes to contain opt-in provisions
30 July 2012
Industry codes of conduct should contain provisions “substantially similar” to the opt-in requirement in the Future of Financial Advice legislation, according to the Australian Securities and Investments…
Don’t copy people: AFA President
30 July 2012
Successful businesses are run by people who don’t imitate others, according to Association of Financial Advisers President Brad Fox…
Understanding clients’ incomes to sell insurance
30 July 2012
Advisers should work through a client’s cashflow when they claim insurance is too expensive, CommInsure GM Retail Advice Tim Browne says…
IOOF plans redundancies at Plan B
30 July 2012
IOOF will transfer some of Plan B’s head office operations from Perth to Melbourne and shed some positions once the takeover of the company is completed…
Munich Re boosts life team
23 July 2012
Munich Re has bolstered its life operations in Australia with the appointment of a new research and development manager and chief medical officer…
AFA floats draft code of conduct
23 July 2012
The Association of Financial Advisers admits its principles of practice will need more work to meet any future requirements of a regulator-approved code of conduct…
ClearView suitor will tough it out
23 July 2012
Crescent Capital, the private equity bidder for ClearView Wealth, is now playing a waiting game following the rejection of its 50c a share $220 million bid for the company…
Graham Rich gets NZ industry award
23 July 2012
New Zealand financial advisory pioneer Graham Rich is the inaugural recipient of that country’s Institute of Financial Advisers’ Outstanding Contribution to the Profession award…
New advice leader for MLC
23 July 2012
Leah Mallett has taken over as Head of Advice Programs for MLC, a position that puts her in charge of adviser training and recruitment…
Crescent bid ‘undervalues ClearView’
16 July 2012
Crescent Capital’s $220 million bid for life insurance and funds manager ClearView Wealth will have to be increased to succeed, according to a prominent stockmarket analyst…
Paper on churning can address underinsurance
16 July 2012
The Financial Services Council’s paper on “churning” of life insurance business provides an opportunity to address chronic levels of underinsurance, the Association of Financial Advisers says…