Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 211 results for %22Life Insurance Framework%22

AMP improves adviser mental health training

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
... Institute, as part of Mental Health Awareness Week (October 8 to 14). AMP recently launched an online Life Insurance Framework (LIF) resource to help prepare advisers for the 1 January 2018 legislative changes.

Life insurers challenged by waning planner loyalty

JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2017
... the changing nature of life insurance advice as planners prepare their businesses for the impact of the Life Insurance Framework (LIF). The research shows planners becoming more dependent on hybrid commission models as upfront commissions are faded out ...

Lazy LIF planning means advice businesses at risk

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
... majority of risk advisers are still not prepared for impending changes to remuneration to be brought by the Life Insurance Framework taking effect in January 2018. A study of 200 risk advisers commissioned by Zurich found about 65% remain unsure as to ...

AMP launches LIF-ready resource

KARREN VERGARA  |  WEDNESDAY, 20 SEP 2017
AMP launched an online Life Insurance Framework (LIF) resource aiming to prepare advisers for the 1 January 2018 legislative changes. The resource hub features video tutorials and a cashflow modeller that assesses the impact different remuneration structures ...

Lack of expertise driving down competition: APRA

ALEX BURKE  |  MONDAY, 18 SEP 2017
... benefits that were expected of such financial activities," APRA said. The situation was broadly similar in the life insurance industry, where the five largest insurers account for over 80% of gross industry assets as at June 2017. "This level of concentration ...

CBA class action moves forward

KARREN VERGARA  |  TUESDAY, 5 SEP 2017
... insurance-related experience and is providing valuable strategic insight to the bank undertakes a review of its life insurance business, CBA said. The bank also confirmed yesterday it will file its defence to the civil penalty proceedings initiated by ...

Royal Commission unnecessary: FSC

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
... backward and is not necessary, she said. Loane added the industry has much to be proud of and the introduction of a life insurance code that significantly lifts accountability standards, service and protection for consumers is one testament to this. ...

Sunsuper puts adviser trust front and centre

EMMA RAPAPORT  |  TUESDAY, 2 MAY 2017
... maintaining a client's trust will be one of the most important commodities going forward in a post-FoFA, Life Insurance Framework world. "We know that getting the right financial advice can make a huge difference to our members' lifestyle in retirement. ...

AIA launches flexible premium structure

KARREN VERGARA  |  MONDAY, 1 MAY 2017
... also assist advisers with client retention. "When we looked more closely at retention as part of the life insurance framework (LIF), we found that there was a misnomer around the adviser's role. The real reasons customers were cancelling policies were ...

Pressure on advice practices means time for rethink: ClearView

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2017
... Solutions, distributed by parent company ClearView, says pressure placed on businesses by factors such as the Life Insurance Framework (LIF) and the proliferation of automated advice will see advisers providing comprehensive strategic advice to no more ...