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Showing 21 - 30 of 73 results for "Life Insurance Advice"

Risk advice a hard sell: Research

KARREN VERGARA  |  THURSDAY, 7 MAR 2019
New research from Zurich quantifies the amount consumers will pay for life insurance advice, but also reinforces the fact the majority are unwilling to be out of pocket. The Risk Advice Disconnect whitepaper revealed a minimal number (8%) of consumers ...

AFA rebukes ideological drive against conflicted remuneration

HARRISON WORLEY  |  WEDNESDAY, 27 FEB 2019
... form would actually succeed. "And the underlying reality that many clients would no longer have access to life insurance advice if they were expected to pay upfront for life insurance advice." The AFA policy head also took exception to the Royal Commission's ...

ASIC bans Spectrum Wealth adviser

KARREN VERGARA  |  WEDNESDAY, 10 OCT 2018
... surveillance activity. The LILD Project was established in August 2016 to help ASIC focus its surveillance of life insurance advice, with the aim of improving life insurance advice provided to consumers. Mehra has the right to appeal to the Administrative ...

Zurich launches new adviser portal

KANIKA SOOD  |  FRIDAY, 5 OCT 2018
... "The quoting and application process can be one of the lengthiest and most complex aspects of implementing life insurance advice, and adviser feedback suggested that across the entire market there was much scope for improvement," Howell said. "Along ...

AMP kept unsuspecting clients in the dark: RC

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... compliance Sarah Britt fronted the Commission on Monday afternoon. The couple sought superannuation and life insurance advice from Mr E in November 2016, an authorised representative of AMP Financial Planning, Britt told Senior Counsel Assisting Rowena ...

Is risk advice at risk?

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2018
... Australia's largest non-aligned financial advice dealer groups is arguing new education requirements could kill life insurance advice and recent research suggests the discipline may already have one foot in the grave. Synchron director Don Trapnell labelled ...

ASIC bans Perth adviser

DARREN SNYDER  |  FRIDAY, 23 FEB 2018
... Project. The project was established in August 2016 to make greater use of data to focus ASIC's surveillance of life insurance advice. The project sees ASIC receive reports from life insurers that list the names of advisers who meet specific thresholds ...

ClearView issues refunds over life sales misconduct

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2018
... ClearView has launched an online payment facility enabling advisers to charge and process flat fees for life insurance advice. The Advice Implementation Fee facility - supported by National Australia Bank - is accessible via the ClearView website. It ...

ASIC accepts EU from Brisbane adviser

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
... ASIC's Life Insurance Lapse Data Project (LILD), established in August 2016 to focus on the surveillance of life insurance advice. Under the project, ASIC receives reports from life insurers that list advisers who meet specific thresholds relating to ...

Life insurers challenged by waning planner loyalty

JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2017
... will benefit from lower attrition levels." This is of particular importance given 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 ...