02 August 2021
TAL and Deakin University have established a partnership to help advisers with their obligation to meet the Financial Adviser Standards and Ethics Authority education requirements...
02 August 2021
MLC Life is partnering with pain management specialist Beyond Pain to help customers suffering chronic pain, fatigue and mental illness return to work after making a claim...
26 July 2021
Financial advisers and planners are concerned about the estimated levy the industry will pay to support the corporate regulator’s supervision work in the 2020/21 financial year...
26 July 2021
The Association of Financial Advisers announced today it has appointed Helen Morgan-Banda as CEO, replacing Philip Kewin who will lead the National Insurance Brokers Association...
26 July 2021
The Association of Financial Advisers says it is “very concerned” about the cost of the proposed Compensation Scheme of Last Resort, in particular the potential risk in the event of a black swan product failure...
26 July 2021
AMP announced today a new advice service model, saying it marks a “new era” for financial advice at the business...
26 July 2021
The corporate regulator has imposed a five-year ban on former adviser Adam Bevan for failing to act in the best interests of clients when he was an authorised representative of Gold Coast-based Trade Wind Financial Services between July 2017 and May last year...
26 July 2021
Diversified financial services group WT Financial Group has completed its acquisition of advisory dealer group Sentry and placement of new shares for facilitating the purchase, the listed group announced in a brief investor update...
26 July 2021
The Australian Securities and Investments Commission (ASIC) has finalised its reference checking and information sharing protocol for advisers, taking into account industry feedback from a consultation it launched last November...
19 July 2021
About 96% of grandfathered conflicted remuneration arrangements that product issuers have in place with financial advisers were fully terminated before legislation removing the payment mode came into effect on January 1 this year, the corporate regulator says...
19 July 2021
The corporate regulator says no further action will be taken against AMP over the financial services firm’s alleged “fees for no service” conduct after finalising its investigation into the matter...
19 July 2021
Allianz Australia Life Insurance has appointed Adrian Stewart as acting CEO, replacing Matthew Rady who will be leaving the business...
19 July 2021
The Association of Financial Advisers will hold its national conference from September 21-22, with Minister for Superannuation and Financial Services Jane Hume to deliver the keynote address on the opening day of the event...
19 July 2021
Melbourne-based adviser group ASVW Financial Services is gaining traction in the market by setting out to be different from the traditional licensee model, CEO Stuart Abley says in a business update...
12 July 2021
OnePath Life will remediate up to $35 million to more than 40,000 life insurance customers who were sold products over the phone between 2010 and 2016, the corporate regulator announced today...
12 July 2021
A new life insurance report from MetLife has cautioned against axing the adviser commission model ahead of next year’s review into the remuneration arrangement...
12 July 2021
The Financial Services Council says it has developed templates for a number of products such as life insurance and income protection to help members prepare for design and distribution laws that will take effect on October 5...
12 July 2021
Westpac announced last week its New Zealand life business will be sold for $NZ400 million to Fidelity Life Assurance Company...
12 July 2021
About 20% of consumers have lied when applying for a life insurance policy in order to get cheaper premiums, according to a survey by comparator Finder...
12 July 2021
AIA Australia has named Peter Yates as Chairman, replacing Theresa Gattung...