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Showing 61 - 70 of 202 results for "Approved Product"

AMP's buyer of last resort measures scrutinised

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
AMP has admitted that its Buyer of Last Resort measures, up until June 2017, were designed to incentivise financial advisers to show preference for its in-house platforms. Giving evidence on the first day of the Royal Commission's inquiry into financial ...

AFA responds to 'disappointing' PJC life insurance report

KARREN VERGARA  |  WEDNESDAY, 11 APR 2018
... life insurance under FoFA since 1 July 2013," it said. It does however support the recommendations to broaden approved product lists and the careful rationalisation of legacy products, and an opt-out basis for group superannuation. AFA chief executive ...

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... medical information and real-time disclosure to consumers about the progress of claims. With respect to the way Approved Product Lists (APLs) are currently constructed, the PJC said this can lack transparency and generate conflicts of interest leading ...

Listed wealth group appoints state manager

JAMIE WILLIAMSON  |  FRIDAY, 9 MAR 2018
... peers," Blaxland-Walker said. ClearView's life insurance product, LifeSolutions is currently available on 374 approved product lists, while its wealth management platforms, WealthFoundations and WealthSolutions, are on 31.

Life insurer profitably improving: APRA

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
... was flat at 9.3%. In December 2017, the Financial Services Council finalised the standard for life insurance approved product lists. From 1 July 2018, Australian financial service licensees who are members of the FSC will be required to include three ...

BTFG names insurers on expanded APL

KARREN VERGARA  |  FRIDAY, 23 FEB 2018
BT Financial Group advisers 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 ...

La Trobe marches credit fund beyond $2bn

DARREN SNYDER  |  FRIDAY, 16 FEB 2018
... funds under management, tripling its size in three years. The fund, which sits on more than 10 platforms and 200 approved product lists, has played a role in the ongoing need for SMSF investors to diversify portfolios, La Trobe said. La Trobe Financial ...

ASIC ramps up surveillance and remediation after adviser conflict report

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
... consult with the financial advice industry and other relevant groups on introducing public reporting in relation to approved product lists (APLs) where an advice licensee is part of a vertically integrated institution," ASIC said. ASIC urged all vertically ...

FSC finalises life insurance APL guidelines

ALEX BURKE  |  FRIDAY, 22 DEC 2017
The Financial Services Council finalised the standard for life insurance approved product lists. From 1 July 2018, Australian financial service licencees who are members of the FSC will be required to include three or more life insurers on their APL. ...

Institutional advice licensees to continue feeling the heat

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2017
It's only a matter of time before institutional advice licensees open up their approved product lists as they try to compete with the growing popularity of the non-aligned space. HUB24 managing director Andrew Alcock believes the ongoing impact of the ...