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Showing 91 - 100 of 211 results for %22Life Insurance Framework%22

ASIC widens conflicted adviser remuneration rules

ALEX BURKE  |  THURSDAY, 7 DEC 2017
... financial advice both in light of recent reforms and to address specific concerns. Issued ahead of the life insurance framework deadline on January 1, Regulatory Guide 246 (RG 246) takes into account the additional provisions introduced in the Corporations ...

Fox joins Tribeca Financial board

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2017
... traverse through a tumultuous period of reforms, including FoFA, MySuper, professional standards and the Life Insurance Framework. Fox is also part of ASIC's 18-member Financial Services and Credit Panel (FSCP); a team of industry professionals the regulator ...

Advisers ambivalent on LIF deadline: Poll

KARREN VERGARA  |  MONDAY, 20 NOV 2017
... With less than six weeks to go, financial advisers are still unclear about their obligations under the Life Insurance Framework reforms, Financial Standard's weekly spot poll shows. More than 40% of advisers who took part in the survey are unsure about ...

AMP adds LIF resources as deadline looms

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2017
Advisers transitioning their business to meet the new requirements imposed by the Life Insurance Framework are being provided with additional resources by AMP. The institution boosted its LIF resource hub, adding a new series of video tutorials developed ...

Cryptocurrency interest underwhelming: Poll

KARREN VERGARA  |  MONDAY, 13 NOV 2017
... that same [early] stage with bitcoin," he said. This week's new poll asks: How prepared are you for the Life Insurance Framework that's less than two months away?

AMP introduces facial recognition for mobile clients

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2017
... and recognition technology looks set to become more widespread in financial services if developments in the US life insurance market are anything to go by. A North Carolina technology firm, Lapetus Life Event Solutions, recently developed CHRONOS, an ...

ANZ launches LIF resource

KARREN VERGARA  |  FRIDAY, 3 NOV 2017
ANZ Wealth has launched an online resource to help prepare financial advisers for the looming Life Insurance Framework (LIF) reforms. The online hub provides guidance on how OneCare commissions will be paid, detail key deadlines and how the transition ...

Advice industry compensation bill hits $37m

KARREN VERGARA  |  FRIDAY, 27 OCT 2017
... report shows. ASIC also reviewed the claims handling practices of 15 life insurers, covering more than 90% of the life insurance market. Its October 2016 report found significant shortcomings in the claims handling practices, which prompted the need ...

Fee models an art, not a science

DARREN SNYDER  |  THURSDAY, 12 OCT 2017
Less than three months remain until the Life Insurance Framework becomes commonplace for advisers and experts say there's still time to review or reconsider advice pricing options. The AFA 2017 National Adviser Conference will hear from four industry ...

FS Live Blog: 2017 AFA National Adviser Conference

MICHELLE BALTAZAR  |  TUESDAY, 10 OCT 2017
... Last day of the conference. At 8.30am, insurance heavyweights participate in a panel session titled the "Future of Life Insurance". After morning tea, the Hon. Kelly O'Dwyer, the Minister for Revenue and Financial Services will be onstage while later ...