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| | | ... Commissioner Kenneth Hayne's recommendation to reduce or eliminate commissions financial advisers earn from life insurance products. It is "way too early," ClearView wrote in an email to advisers, to consider tinkering with commission caps again ... |
| | | | ... for more detail on the amount of remediation payable, TAL did not confirm. TAL recently acquired Suncorp's life insurance business, which was housed within its Insurance Australia division prior to the sale. In its 2017/18 annual report, Suncorp ... |
| | | | ... January, ASIC banned Matthew Geappen, also a former Financial Wisdom authorised representative for five years for life insurance churning. Geappen was licensed by Financial Wisdom from 2008 to 2016. In December 2016, he joined Dover Financial Advisers ... |
| | | | ... "lazy" attitude in dealing with inactive superannuation accounts. Speaking at the Financial Services Council's Life Insurance Conference in Sydney this morning, the Assistant Treasurer noted how the Government's Protecting Your Super package was designed ... |
| | | | ... had asked for much during the process of the Royal Commission, such as the removal of grandfathered commission, life insurance commissions, non-monetary benefits, and ongoing fees from superannuation accounts. He noted however that in the case of intra-fund ... |
| | | | ... Banking Executive Accountability Regime (BEAR) cover other APRA-regulated industries such as superannuation and life insurance. He also reminded the industry that ASIC will administer a parallel conduct accountability regime and that the two regulators ... |
| | | | The life insurance industry is pushing ahead with the rollout of new rules on genetic testing despite a delay. There had been plans to launch a new Life Insurance Code of Practice from July 1, but during the feedback period the Financial Services Council ... |
| | | | ... AFA Life Company of the Year Award, beating AIA, OnePath Life and Zurich to the prize. The awards recognised the life insurance sector for its contribution to the advice profession, with life insurance companies and annuities providers from across the ... |
| | | | ... and protection options to suit their retirement needs. Future Safe is a seven-year investment product issued by a life insurance company that gives customers access to share market returns with the certainty of a range of outcomes. Investments can range ... |
| | | | ... one of those same advisers - an "old-school lifey" - offered her a job and Douglas relocated to Canberra to be a life insurance administration assistant. She says it's here she realised the difference advisers can make in people's lives, especially ... |
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