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Showing 1 - 10 of 30 results for "Freedom Insurance"

Consumer advocates criticise advice review

ELIZABETH MCARTHUR  |  THURSDAY, 3 FEB 2022
... sales incentives, appear to have been totally forgotten." For example, Consumer Action Law Centre pointed to the Freedom Insurance case study, in which the company admitted to the Royal Commission that its sales incentives to staff - including commissions ...

ASIC sues former Freedom Insurance staff

KARREN VERGARA  |  MONDAY, 25 OCT 2021
A former Freedom Insurance director and consultant will head to Federal Court for their alleged involvement in aggressive sales tactics. ASIC has commenced civil penalty proceedings against former Freedom Insurance managing director of Keith Cohen and ...

Former Spectrum chief cops additional bans

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
... key person for Spectrum - once home to close to 100 advisers. Spectrum was the subsidiary of the now-defunct Freedom Insurance Group. It closed in 2019 when it could no longer meet a key person requirement for its AFSL. In 2018 Freedom said it would ...

Governance Institute of Australia names chair

KARREN VERGARA  |  TUESDAY, 27 JUL 2021
... financial services regulation at ASIC between 1998 and 2004. Some recent appointments include a directorship at Freedom Insurance Group and leading ESG research firm Regnan for a year. Vamos is currently a non-executive director of Mercer Superannuation ...

Freedom Insurance appoints liquidators

KANIKA SOOD  |  MONDAY, 24 FEB 2020
... earlier this month, banned Mark Schroeder who was the chief executive of Spectrum Wealth Advisors (a subsidiary of Freedom Insurance Group). It also accepted Spectrum's request to cancel its AFSL.

Former licensee boss banned

JAMIE WILLIAMSON  |  TUESDAY, 11 FEB 2020
... ensure financial services provided were done so efficiently, honestly and fairly. Spectrum was a subsidiary of Freedom Insurance Group. After being issued with a notice of hearing by ASIC, Freedom applied to have Spectrum's licence cancelled. Following ...

MLC Life appoints new executive

JAMIE WILLIAMSON  |  MONDAY, 5 AUG 2019
MLC Life Insurance has appointed a new executive, focused on driving new business in group insurance, from Freedom Insurance Group. Sean Williamson, most recently chief executive of the embattled Freedom Insurance Group, will join MLC Life this month ...

Spectrum Wealth representatives find new homes

ELIZABETH MCARTHUR  |  MONDAY, 29 JUL 2019
... departures of some key personnel. This information has been disclosed to the market by Spectrum's parent entity, Freedom Insurance Group. ASIC previously notified Spectrum that it was considering suspending or cancelling Spectrum's AFSL. Freedom first ...

Advice dealer group shutters

HARRISON WORLEY  |  FRIDAY, 31 MAY 2019
More than 30 financial advisers are left without a home as Spectrum Wealth Advisers shuts up shop. Freedom Insurance Group has today revealed Spectrum will close earlier than originally intended as it can no longer meet a "key person" requirement of ...

Swiss Re to manage Freedom remediation

KANIKA SOOD  |  TUESDAY, 30 APR 2019
Swiss Re has agreed to take on the responsibility of designing and managing Freedom Insurance Group's customer remediation program. Freedom confirmed Swiss Re as the remediation manager, and Genus Life Insurance Services Pty Ltd as the third party to ...
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