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

Search Results

Showing 31 - 40 of 95 results for "Life Insurance Framework"

Super pool ripe for adviser picking

JAMIE WILLIAMSON  |  THURSDAY, 29 NOV 2018
... expand the scope of their advice to combat pressures put upon them by regulatory reforms such as the Life Insurance Framework. "This is doubly important because it's only a matter of time before there are renewed calls to ban insurance commissions ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
Pressures of the Royal Commission, the Life Insurance Framework and educational reforms are prompting risk advisers to hurriedly sell their practices at discount prices, a merger and acquisitions expert says. Radar Results principal John Birt said there ...

Phone life insurance sales 'hawking' customers: Royal Commission

KARREN VERGARA  |  FRIDAY, 6 JUL 2018
... distribute and promote St Andrews funeral insurance products on 19 March 2018. This was on the basis that the Life Insurance Framework that came to effect 1 January 2018 and it was not "commercially viable" for the partnership to continue, he said. "Well ...

RC questions adviser sales tactics

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... part of grandfathering arrangements for fear of underinsurance risks, he said, adding the legislated Life Insurance Framework sufficiently covers this area.

AFA responds to 'disappointing' PJC life insurance report

KARREN VERGARA  |  WEDNESDAY, 11 APR 2018
... "merely rehashes" previous reports and research into the segment comprehensively addressed by FoFA, the Life Insurance Framework and more recently professional standards legislation, the AFA said. The PJC has fundamentally failed to compare the cost ...

TAL named top life insurer for 2017

DARREN SNYDER  |  FRIDAY, 16 MAR 2018
... beginning to adjust their support for the different companies, during the implementation stages of the Life Insurance Framework," he said. Other winners on the night included: Term Life/TPD Product of the Year - Zurich (Death Cover) Risk Production Innovation ...

LIF reforms to drive specialised advice industry

ALEX BURKE  |  WEDNESDAY, 14 FEB 2018
The advice industry post-Life Insurance Framework reforms is "bright and full of potiential" for those businesses that adopt a more specialised approach, according to Bombora Advice managing director Wayne Handley. Handley said the LIF reforms are compelling ...

ClearView issues refunds over life sales misconduct

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2018
... remuneration structures, including supplementing reduced year one life insurance commission payments under the Life Insurance Framework. It also enables the exchanging of renewal commission and premium discounts for an upfront fee, and charging an advice ...

Life insurance inflows stable: Research

KARREN VERGARA  |  MONDAY, 8 JAN 2018
... segment were TAL and AIA Australia, which experienced 13.2% and 10.1% year-on-year growth respectively. The Life Insurance Framework (LIF), which rolled out on 1 January 2018 will be the strongest test of fee-for-service risk advice, a model seen as ...

Fee-for-service faces ultimate risk test

DARREN SNYDER  |  TUESDAY, 19 DEC 2017
Rollout of the Life Insurance Framework (LIF) on 1 January 2018 will be the strongest test of fee-for-service risk advice, a model seen as imperative to the financial advice industry's future. Industry experts say the critical component to make fee-for-service ...