Search ResultsShowing 1 - 10 of 72 results for "Life Insurance Framework"
Adviser association rebrands, grows membership
KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... of day to day activities of independent financial advisers." The LICG was formed on the back of the Life Insurance Framework and Future of Financial Advice reforms. At one point, it had over 3000 registered members and 6000 advisers on the mailing ...
Advice associations meet new minister
HARRISON WORLEY  |  THURSDAY, 20 JUN 2019
... discussed and we look forward to continuing the dialogue to achieve workable and practical outcomes for members." Recently the two associations have also partnered on a life insurance taskforce as ASIC's Life Insurance Framework review approaches.
FPA, AFA partner on life insurance
KANIKA SOOD  |  FRIDAY, 14 JUN 2019
... teamed up for a life insurance taskforce as the industry inches towards ASIC's review of the life insurance framework slated for 2021. The Financial Planning Association of Australia and the Association of Financial Advisers will appoint ...
Risk commission changes imperil advice practices
KARREN VERGARA  |  WEDNESDAY, 5 JUN 2019
As financial advisers adjust their business models to the Life Insurance Framework, many fear the Royal Commission's recommendations will further undermine the viability of their practices. This is according to ClearView's latest survey of 630 ...
ClearView defends risk advice commissions
KARREN VERGARA  |  TUESDAY, 26 MAR 2019
... ClearView wrote in an email to advisers, to consider tinkering with commission caps again given the Life Insurance Framework (LIF) reforms are partly implemented and will not be fully implemented until 2021. ClearView believes the LIF - once it ...
Risk advice a hard sell: Research
KARREN VERGARA  |  THURSDAY, 7 MAR 2019
... any consideration of life insurance advice is undertaken in 2021 as part of the ASIC review of the Life Insurance Framework reforms, Bailey said collaboration between regulators, policymakers, financial advisers and insurers is essential to ...
ClearView posts first half profit dip
KANIKA SOOD  |  WEDNESDAY, 27 FEB 2019
... (driven by price positioning issues, poor outcomes with a few AFSLs and the flow-on-effect from the Life Insurance Framework's caps and rules). These offset the 12% increase in life insurance gross premiums and 15% growth in the life insurance ...
Synchron slams RC on commissions
KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... current 20-60% commission caps on sale of life risk insurance products to zero when it reviews the Life Insurance Framework in 2021, unless "there is a clear justification to keep them". Trapnell says Synchron will approach the Government to make ...
Super pool ripe for adviser picking
JAMIE WILLIAMSON  |  THURSDAY, 29 NOV 2018
... expand the scope of their advice to combat pressures put upon them by regulatory reforms such as the Life Insurance Framework. "This is doubly important because it's only a matter of time before there are renewed calls to ban insurance ...
More risk advisers offloading practices
KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
Pressures of the Royal Commission, the Life Insurance Framework and educational reforms are prompting risk advisers to hurriedly sell their practices at discount prices, a merger and acquisitions expert says. Radar Results principal John Birt said ...
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