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| | | ... with other questions or concerns about appropriate cover, they should contact a financial adviser," the FSC said. The sixth round of the Royal Commission will examine the current regulatory regime for the insurance industry, calling the Financial Services ... |
| | | | ... that we intend to restrict outbound sales of life and funeral insurance, in order to protect consumers," he said. The sixth round of the Royal Commission will examine issues associated with the sale and design of life insurance products. The Commission's ... |
| | | | ... selling for as high as 3x but more commonly at a high of 2.7x. Grandfathered commissions were hotly contested at the recent round of the Royal Commission. Birt said the inquiry has prompted some industry bodies to phase out or even cease legacy commissions ... |
| | | | ... have been impacted by the drought," it said in an emailed response. TAL is due to appear at the Royal Commission's next round alongside other life insurers including: AMP, ClearView, CommInsure and Freedom Insurance, starting September 10. |
| | | | ... industry, questioning their purpose in safeguarding retirement savings and the stability of the financial system. In his fifth round submission paper released last Friday, counsel assisting Michael Hodge questioned if the regulators have adequately addressed ... |
| | | | ... life insurers are preparing for time in the Royal Commission witness box, after case studies were announced for the sixth round of public hearings. TAL, CommInsure, ClearView and Freedom Insurance have been named to front the Royal Commission, alongside ... |
| | | | ... heels over the plan service fee issue, delaying the process of remediation to affected superannuation members. The fifth round of hearings also saw AustralianSuper chief executive and Industry Super Australia (ISA) director Ian Silk taken to task over ... |
| | | | A $330 million Australian venture capital firm partnered with an Israeli venture lender to launch a $100 million dedicated credit fund. OneVentures has partnered with Viola Credit - a subsidiary of $3 billion Israeli technology investment group, Viola ... |
| | | | ASIC's favourite method of tackling misconduct came under fire as the Royal Commission capped off its round of superannuation hearings on Friday. First up was Tim Mullaly, a senior executive leader in ASIC's financial services enforcement division. ... |
| | | | ... AMP's trustee only learned of the now well-publicised fee for no service advice issue when it was revealed as part of the round two Royal Commission hearings earlier this year. "When was the trustee first told about the second stage, in relation ... |
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