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Showing 111 - 120 of 212 results for %22Life Insurance Framework%22

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 ...

Adviser sentiment turns corner

KARREN VERGARA  |  FRIDAY, 7 APR 2017
... advice, and its importance in helping people to protect and grow their wealth." With the recently passed Life Insurance Framework legislation that remains contentious, there is at least an increased sense of clarity around the future market landscape ...

Super trustees need better vigilance: APRA

EMMA RAPAPORT  |  MONDAY, 27 MAR 2017
... was continuing to consider the claims handling issues associated with CommInsure, and the sustainability of group life insurance within the superannuation industry. Rowell highlighted other areas of concern for the industry including a lack of discipline ...

CommInsure cleared of medical misconduct

ALEX BURKE  |  THURSDAY, 23 MAR 2017
... industry. "Our focus continues to be on supporting customers in their time of need. In 2016, CommInsure paid over $1 billion in life and income protection payments to around 20,000 customers - that's $2.7 million every day."

AFA chief executive steps down

DARREN SNYDER  |  TUESDAY, 7 MAR 2017
... advice industry. Under his leadership the industry traversed FoFA, MySuper, professional standards and the Life Insurance Framework. AFA national president Marc Bineham said: "Brad has made an outstanding contribution to our profession and to the members ...

Life insurance industry rebuts need for greater reform

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2017
... customers. Loane concluded her appearance by taking the opportunity to reaffirm the FSC's support for the Life Insurance Framework, the professional standards legislation, and the industry's Code of Practice coming in to effect on 1 July. Commonwealth ...

Super funds trawling eBay for legacy parts

ALEX BURKE  |  THURSDAY, 2 MAR 2017
... said. Reiterating her position that the industry is already sufficiently regulated, she pointed to the Life Insurance Framework and professional standards reforms. "Both will strengthen consumer outcomes and benefit financial advice and life insurance. ...

Landmark advice reforms pass Senate

EMMA RAPAPORT  |  FRIDAY, 10 FEB 2017
... Fox added that the passing of the Bill does not mean that life insurance reform is now complete. "The Life Insurance Framework is wider than the Bill. It includes broadening Approved Product Lists, simplifying Statements of Advice, and very importantly ...

AFA returning to its roots

JAMIE WILLIAMSON  |  THURSDAY, 12 JAN 2017
... sentiment from government, mainstream media and consumer groups, that we need legislative change like the Life Insurance Framework and professional standards reform to provide that shift in perception," he said.

Insurance in super must be maintained: AIA

JAMIE WILLIAMSON  |  WEDNESDAY, 21 DEC 2016
Insurer AIA says communicating the importance and value of life insurance is vital for all Australians and the latest parliamentary inquiry is another opportunity to do so. Reaffirming its support for life insurance within superannuation, AIA said life ...