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Showing 31 - 40 of 207 results for "Life risk"

Court fines advice firm $7.8m

KARREN VERGARA  |  FRIDAY, 9 FEB 2018
... May 2017 that restrained WRM, Yes FS and Yes FP from using its cash rebate business model. WRM provided retail clients life risk insurance and superannuation products advice, while Yes FP gave personal financial advice. WRM advertised 'fast cash' to ...

ASIC successfully files injunction against Melbourne advice provider

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2018
... financial penalties. According to ASIC, Financial Circle Pty Ltd holds an AFSL authorising it to advise clients about life risk insurance and superannuation products, and deal in those products. Financial Circle Pty Ltd also holds an Australian credit ...

ASIC widens conflicted adviser remuneration rules

ALEX BURKE  |  THURSDAY, 7 DEC 2017
... conflicted remuneration such that it applies even in instances where "information is given on, or dealing occurs in, a life risk insurance product, even in the absence of advice." On top of this, RG 246 addresses the potential conflicts associated with ...

ASIC links previously banned adviser to court proceedings

EMMA RAPAPORT  |  WEDNESDAY, 16 AUG 2017
... and Yes FS's misleading and deceptive representations. WRM is licensed to advise retail clients about, and deal in, life risk insurance and superannuation products. WRM has also authorised advisers, generally employed by WRM's corporate authorised representative ...

Zurich revamps life insurance products

KARREN VERGARA  |  TUESDAY, 30 MAY 2017
... distribution Kristine Brooks said the revamp is the company's first major product update since acquiring the Macquarie Life risk business last October. This is the culmination of many months of working with advisers, determining how Zurich could best ...

Sentry Group awards industry excellence

JAMIE WILLIAMSON  |  TUESDAY, 28 MAR 2017
... advisers have a mature and successful mutually beneficial relationship." Queensland-based Lifecover Australia was named Life Risk Practice of the Year, while the Regional Practice of the Year awards were received by Byfields Wealth Management (WA /NT) ...

Adviser contravenes FoFA obligations

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
... interests obligations contained in the Corporations Act. WRM is licensed to advise retail clients about, and deal in, life risk insurance and superannuation products. WRM authorises advisers, generally employed by WRM's corporate authorised representative ...

Midwinter adds fintech partner

KARREN VERGARA  |  FRIDAY, 17 MAR 2017
Midwinter added a new life insurance software solutions provider to its advice operating system AdviceOS. Omnium's life risk research tool OmniLife has been integrated into AdviceOS to enable real-time flow of insurance premium product data to the AdviceOS ...

Zurich grows life risk distribution team

EMMA RAPAPORT  |  THURSDAY, 16 FEB 2017
Zurich Financial Services has boosted the size of its life risk sales team with a key promotion and eleven appointments across the country. Nathan Taggart has been promoted to the role of head of strategic development and joins the distribution leadership ...

Bank life risk businesses lose market share

MARK SMITH  |  WEDNESDAY, 12 OCT 2016
Bank-owned insurers including CommInsure and NAB/MLC have lost some of their share of the life insurance risk market to the likes of TAL and AIA owing to significant falls in the sale of new premiums, the latest data from Strategic Insight shows. Numbers ...