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Showing 861 - 870 of 2326 results for "life insurance"

SMSFs: Who, what, where, when and how

JAMIE WILLIAMSON  |  MONDAY, 15 OCT 2018
... particularly low roll-over balances and if you can't articulate the disadvantages to the client of doing that - including life insurance that they might lose or cover they may not regain because of a pre-existing condition - then don't go any further." ...

Royal Commission an opportunity: Anderson

JAMIE WILLIAMSON  |  THURSDAY, 11 OCT 2018
... occurring. However, a blanket solution for fee structures is not the answer. "We will not be arguing for the removal of life insurance commissions... The avoidance of conflicts in business is an unrealistic expectation," he said. "If you charge an hourly-based ...

ASIC bans Spectrum Wealth adviser

KARREN VERGARA  |  WEDNESDAY, 10 OCT 2018
... services. His banning will be recorded on ASIC's Financial Adviser Register. His ban is a result of ASIC's Life Insurance Lapse Data Project (LILD Project), under which the corporate regulator receives reports from life insurers that list the ...

Zurich launches new adviser portal

KANIKA SOOD  |  FRIDAY, 5 OCT 2018
... improvements. "The quoting and application process can be one of the lengthiest and most complex aspects of implementing life insurance advice, and adviser feedback suggested that across the entire market there was much scope for improvement," Howell ...

AMP defends charging dead clients

HARRISON WORLEY  |  THURSDAY, 4 OCT 2018
AMP has defended its practice of charging premiums to dead life insurance customers in a submission to the financial services Royal Commission. The wealth manager continued to deduct life insurance premiums from a deceased customer, even after AMP has ...

Half of Australians don't have a will

KANIKA SOOD  |  THURSDAY, 4 OCT 2018
... estate. Even if you don't have a house or share portfolio, you may have money in super, jointly owned assets or a life insurance benefit that needs to be divided." The results are based on Finder's survey of 2011 Australians. It also broke down its findings ...

Freedom drops chief, slashes workforce

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
... the restructure aims to realign its business model to ASIC's comprehensive review and findings of the direct life insurance segment. ASIC found direct life insurers' sales practices were poor and the products offered little to no value. Freedom ...

Royal Commission interim report flawed

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
... adviser service fees and grandfathered commissions we cannot see any justification for a review, let alone removal of life insurance commissions." The body will have more to say in its subsequent submission "with respect to the flaws in the interim report's ...

Insurance shake-up puts clients first

KARREN VERGARA  |  TUESDAY, 2 OCT 2018
Round six of the Royal Commission exposed systemic issues across the life insurance value chain and its fledgling code of practice that's yet been powerless to stop unethical behaviour. But industry experts say all hope is not lost. Counsels assisting ...

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
Numerous policy questions that arose from the life insurance round of the Royal Commission could shake up the direct life insurance segment and potentially ban conflicted remuneration in risk products. The document, released yesterday, questions the ...