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| | | ... past. At the moment, a Parliamentary Joint Committee into financial advice, the Financial System Inquiry (FSI) and the Trowbridge report into risk advice are raising questions about the current model. "Although the industry is responding to these reviews ... |
| | | | ... Assistant Treasurer Josh Frydenberg says the clock is ticking for the industry to implement the recommendations in the Trowbridge report. Alex Burke investigates what that might mean for risk advice. "It is up to the industry now to restore public confidence ... |
| | | | ... advisers and licensees should take leadership roles in "pre-empting" life insurance reforms. Signalling the controversial Trowbridge Report as being the catalyst for self-directed industry reform, Fox said: "I would not be surprised at all if we see ... |
| | | | The Trowbridge report likely won't become the "blueprint" for the life industry, said former Financial Planning Association of Australia chair Matthew Rowe. In a newspaper column, Rowe explained that this was because of disagreements between key members ... |
| | | | ... advice channel, the company said. In light of the Australian Securities and Investments Commission (ASIC) report and the Trowbridge report on risk advice, company executives Michael Harrison and Don Trapnell recently took a trip to the UK to understand ... |
| | | | AFA chief executive Brad Fox has hit back at the FSI and Trowbridge recommendations, saying they are "unworkable, impractical and do not acknowledge the value life insurance advisers provide to consumers." He noted that the hybrid remuneration model ... |
| | | | ... They've got weeks or, at most, a couple of months." His comments came in response to a question about the aims of the Trowbridge Report. The federal member for Kooyong described the recommendations in report as 'interesting' giving the clearest signal ... |
| | | | Rice Warner chief executive Michael Rice said the commission structure proposed in the Trowbridge Report is a "necessary improvement". In an article written for Rice Warner's INSIGHTS section, he noted the difficulty of changing established remuneration ... |
| | | | The recommended restrictions and levelling of commission levels and upfront payments in the FSI and Trowbridge reports could drive independent advisers completely out of business, according to ClearView's FSI submission. The submission suggested that ... |
| | | | The government and industry bodies have responded to the recommendations in John Trowbridge's Review of Retail Life Insurance Advice. The Treasury was broadly supportive, with Assistant Treasurer Josh Frydenberg commenting that the report "makes a significant ... |
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