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Showing 41 - 50 of 73 results for "Life Insurance Advice"

AIA and AdviserLogic partnership to benefit advisers

KERRIE SYDEE  |  WEDNESDAY, 22 JUN 2016
... allow them to focus on the quality of advice and client conversations. "Streamlining administration for life insurance advice, applications and claims is a major focus of efficiency improvement for AIA Australia to help financial advisers deliver a better ...

ASIC consults on LIF powers

DARREN SNYDER  |  TUESDAY, 15 DEC 2015
... promotes vertical integration in retail life insurance. It says the LIF reforms will not improve the quality of life insurance advice to consumers; will not ensure consumers continue to have choice when choosing an adviser - whether independently owned ...

FPA helps advisers with life insurance

DARREN SNYDER  |  WEDNESDAY, 14 OCT 2015
... (FPA) has launched a guide helping its members identify and address common omissions and errors in providing life insurance advice. The FPA's comprehensive Life Insurance Advice guide had input from members and was developed to provide "practical guidance ...

ASIC bans ex-Genesys adviser

ALEX BURKE  |  THURSDAY, 1 OCT 2015
... licensee, Charter Financial Planning, in 2012. ASIC's statement attributed the banning to its ongoing review of life insurance advice, which found that Zelka had failed to act in clients' best interests "by not giving adequate consideration to the information ...

NZ looks to Trowbridge for life reforms

ALEX BURKE  |  TUESDAY, 28 JUL 2015
New Zealand's Financial Services Council (FSC) has commissioned a report on life insurance advice, with Life Insurance and Advice Working Group chair John Trowbridge selected as an adviser for the project. Consulting actuaries Melville Jessup Weaver ...

Singapore looks to Australia on risk reforms

ALEX BURKE  |  THURSDAY, 23 JUL 2015
The Monetary Authority of Singapore (MAS) has implemented key risk/life insurance advice reforms that were inspired by similar policies in Australia, the Netherlands and the UK. Minister for Culture, Community and Youth Lawrence Wong said these countries' ...

AFA tweaking life insurance framework

ALEX BURKE  |  TUESDAY, 21 JUL 2015
... industry associations reached consensus with Assistant Treasurer Josh Frydenberg on the way forward for life insurance advice reforms in June, but AFA chief executive Brad Fox has said that more work needs to be done to strengthen the "details" of the ...

Findex life insurance goes commission-free

ALEX BURKE  |  MONDAY, 20 JUL 2015
... costs to clients - he pointed to savings of up to 30% - addressing industry concerns that fee-for-service life insurance advice will be inherently more expensive for consumers. "The history of the industry and its legacy systems, combined with the dominant ...

ASIC bans former risk adviser

ALEX BURKE  |  THURSDAY, 9 JUL 2015
... transitioning to other licensees outside of Macquarie's financial advice business. Brian Farber provided life insurance advice at the dealer group from December 2011 to May 2015, and was subsequently found by ASIC to not be "adequately trained or competent ...

Risk reforms ignore key adviser concerns

ALEX BURKE  |  THURSDAY, 25 JUN 2015
... voices, arguing that the proposed reforms are still too lenient. "There is no evidence that commissions make life insurance advice or products more available or accessible but there is plenty of evidence that they lead to poor quality sales driven advice ...