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| | | ... believes the devil will be in the detail. A best interest's duty may also increase the cost of professional indemnity insurance," said chief executive officer Richard Klippin. The AFA also maintained that the start date of July 2012 was "unworkable". ... |
| | | | ... proposals and amendments to the Best Interest Duty. Under the FOFA proposal to ban on conflicted remuneration to risk insurance, the Government has requested to ban up-front and trailing commissions and like payments for both individual and group risk ... |
| | | | ... now has around $660 million in funds under advice, said the acquisition of Piersbridge would add more scale in risk insurance to the practice, although the insurance business of Piersbridge Consultants will continue to operate stand alone for two years. ... |
| | | | ... post-retirement infrastructure investment options to the wider market to tap into the ageing population. Targeting super funds, insurance companies and other health insurers, Australian Unity Investments (AUI) believes there is now more opportunity in ... |
| | | | ... affordable and accessible." Senator Mathias Cormann responded that the Ripoll enquiry never recommended opt-in or a ban on insurance commissions inside super. "Since Bernie Ripoll's inquiry was recorded the Governments agenda has been hijacked by ISN ... |
| | | | MLC has launched new look websites for its MasterKey, Business Super and MLC Insurance advisers and clients. AdviserOnline lets advisers view key business information such as account balances, a new client search function and My Client Leads, which ... |
| | | | ... reforms, in fact I think they should have been introduced sooner," said Elliott. Fenwick agreed that while his opinion on insurance commissions may differ from the proposed banning, much of the reforms are for the good of the industry. "I am fee for ... |
| | | | ... issues. CSSA advisers also help the fund with its group risk requirements, negotiating better features and lower life insurance premiums for members and helping members with life insurance claims "We believe it is highly unlikely that product providers ... |
| | | | Financial advisers need to do more to switch Australians on to their insurance needs. That's according to Tim Browne, general manager, Retail Advice, CommInsure, who told advisers at Sydney's CommInsure roadshow that underinsurance is one of the biggest ... |
| | | | ... acquisition the green light. Following market inquiries in the planning, mortgage broking, banking, superannuation and insurance sectors, the ACCC ruled there was "unlikely to be a substantial lessening of competition in any relevant market" if the buy-out ... |
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