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Showing 41 - 50 of 117 results for "APL"

Blue Sky funds downgraded after profit revisions

ALEX BURKE  |  FRIDAY, 20 APR 2018
... Alliance Fund - Dynamic Macro Portfolio was downgraded to 3.5 stars, or "low investment grade"; it is still considered for APL inclusion, but subject to certain restrictions. SQM said the fund has some degree of additional risk by way of performance ...

AMP's buyer of last resort measures scrutinised

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... "Can I suggest that that provides quite a strong incentive for the adviser to place a client on a platform that is on the APL?" Hodge asked. Regan replied: "Yes, noting that was in 2012. I cannot be sure that there was no other BOLR policy between 2012 ...

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... insurance sold on the basis of "misleading advice that herds customers to products from insurers that pay the most to be on the APL." It is "not convinced" that a draft APL standard proposed by the FSC adequately addresses the full range of concerns ...

Life insurer profitably improving: APRA

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
... Australian financial service licensees who are members of the FSC will be required to include three or more life insurers on their APL. On top of this, unless the APL is "open" - that is to say, it includes all APRA-regulated life insurers - AFSLs will ...

BTFG names insurers on expanded APL

KARREN VERGARA  |  FRIDAY, 23 FEB 2018
... will see two insurers added to the BT life insurance approved product list from March, a threefold increase on the current APL. AIA Australia and TAL products will be available alongside BT Protection Plans, underwritten by Westpac Life from 19 March ...

ASIC ramps up surveillance and remediation after adviser conflict report

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
ASIC is ramping up its surveillance and remediation processes to help curb further adviser conflicts of interest within vertically integrated institutions. In light of the Report 562 findings, which examined adviser conflicts of interest across bank-owned ...

Vertically integrated institutions failing to manage conflicts of interest

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2018
Financial advisers employed by Australia's five largest vertically integrated institutions failed to act in the best interests of clients 75% of the time, favouring their own products and leaving clients ''significantly worse off" in 10% of cases. These ...

FSC finalises life insurance APL guidelines

ALEX BURKE  |  FRIDAY, 22 DEC 2017
... Australian financial service licencees who are members of the FSC will be required to include three or more life insurers on their APL. On top of this, unless the APL is "open" - that is to say, it includes all APRA-regulated life insurers - AFSLs will ...

Elders adds 22nd advice business

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2017
... meetings so far has been the passion for the business and the support service they provide coupled with the open and agnostic APL which made my choice easier," Mclean said. Just last month Elders added its 21st practice, recruiting Victoria's Strategic ...

The PI risks of goals-based advice

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2017
... providing approved product lists, Martinis said less is more. "Don't give your PI insurer the Zenith recommended list as your APL because you cannot possibly know 1200 products. Yes, that might be your investable universe, but what are the 30 or 40 core ...