Life premium totals rise
24 April 2007
Australian life insurance premiums for the December quarter last year stood at $9.4 billion, representing an increase of 1.3% on the prior quarter and a 2.7% increase on…
Life Insurance
More Aussies invest in life insurance
24 April 2007
Private research has backed up the bullish official results for the life insurance market, with actuaries Plan for Life saying Australians are increasingly investing in personal insurance…
APRA appeals to go straight to court
17 April 2007
The Federal Government has decided to introduce a court-based review process for individuals disqualified by the Australian Prudential Regulation Authority…
New regulatory office, and a review
17 April 2007
Just when you thought the Federal Government might be losing interest in regulating everything that moves in the financial services sector comes news that Canberra has set up…
Red tape reduction continues
17 April 2007
Federal Treasurer Peter Costello says the Government has made substantial progress over the past nine months in reducing the regulatory burden on business…
Complaints procedures go international
17 April 2007
The Financial Industry Complaints Service is preparing analysis for members on the introduction of international standards on complaints-handling…
Financial planning standard released
17 April 2007
In a bid for more harmony in financial planning benchmarks, Standards Australia has released for public comment AS4559 2007, a new draft standard for personal financial planning…
Court decision impacts complaints service
11 April 2007
The Financial Industry Complaints Service has had to narrow its workload after a Federal Court observation on its monetary limits…
FPA examines compensation salvation
11 April 2007
The Financial Planning Association has hosted a “think tank” to discuss how investors could be compensated after investment schemes fail…
IFSA launches updated code
11 April 2007
IFSA CEO Richard Gilbert has described the association’s new code of conduct as the “industry equivalent of the 10 commandments…”
FPA probes Westpoint advice
03 April 2007
Nearly 20 dealer groups are under investigation by the Financial Planning Association for allegedly giving clients bad advice involving the Westpoint property group…
Drastic shortage of financial advisers
03 April 2007
Unprecedented demand for financial advice has led to a huge increase in workload for financial advisers, according to the Investment and Financial Services Association…
Advisory council announced
03 April 2007
The insurance industry is well represented on the Federal Government’s Financial Sector Advisory Council following the re-appointment of several members last week…
FPA invites educational input
27 March 2007
The Financial Planning Association aims to bolster the educational content of its national conference in November this year by encouraging presenters to approach the association…
Chinese investors stake their Westpoint claim
20 March 2007
A second group of Westpoint investors has launched proceedings against financial advisers that got them involved in the failed property group…
Regulation still a burden: FPA
13 March 2007
Excessive regulation remains a burden on the financial services industry and requires a collaborative effort to untangle, according to the Financial Planning Association…
Industry funds demand advice laws
13 March 2007
Financial planners have rejected suggestions their priorities need to be defined by law…
Baby Boomers have a super future
13 March 2007
They may have been born into a very different world, but the nation’s Baby Boomers are expected to retire into the lap of luxury, according to a new report…
PI exclusions not PC: FPA
06 March 2007
Restrictions on professional indemnity policies are setting up financial planners and their clients for a heavy fall, according to the Financial Planning Association…
Valued advice pays off
06 March 2007
The FPA has launched its Value of Advice Awards for 2007…