Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 1 - 10 of 77 results for "Life Insurance Framework"
APRA intervention blindsided AFA, FPA taskforce
ELIZABETH MCARTHUR  |  TUESDAY, 28 JUL 2020
... there's so many parties involved." However, Kewin did admit there were some positives to come out of the Life Insurance Framework (LIF) reforms. "If you look at the key measures [of LIF] that were originally set out - lower lapse rates, reduced premiums ...
Hume calls out ERS fake news
ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
... this would have the greatest impact on consumers' awareness of the benefits of life insurance. As the Life Insurance Framework Review approaches in 2021, McCormack said he hopes to see remuneration reconsidered so that "we don't see good life risk advice ...
Life commissions, referral fees still kosher: AFA
ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
... Anderson dove into commissions and fees in a detailed presentation in light of the FASEA Code of Ethics, Life Insurance Framework and other regulatory changes. Anderson pointed out CountPlus chief executive Matthew Rowe's recently commented on FASEA ...
Practice profitability at risk: MLC Life
JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2019
Risk advisers will need to reduce their expenses by up to 25% to remain profitable as further Life Insurance Framework changes come into effect on January 1. New research commissioned by MLC Life shows commission-only financial advisers - particularly ...
Life risk insurance not profitable: KPMG
HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... industry," she said. "Subdued growth rates reflect the impact of lower initial commissions due to the Life Insurance Framework that came into full effect in 2018, as well as a retreat from direct distribution models following the exposure of problems ...
Adviser association rebrands, grows membership
KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... of day to day activities of independent financial advisers." The LICG was formed on the back of the Life Insurance Framework and Future of Financial Advice reforms. At one point, it had over 3000 registered members and 6000 advisers on the mailing list. ...
Advice associations meet new minister
HARRISON WORLEY  |  THURSDAY, 20 JUN 2019
... members." Recently the two associations have also partnered on a life insurance taskforce as ASIC's Life Insurance Framework review approaches.
FPA, AFA partner on life insurance
KANIKA SOOD  |  FRIDAY, 14 JUN 2019
... have teamed up for a life insurance taskforce as the industry inches towards ASIC's review of the life insurance framework slated for 2021. The Financial Planning Association of Australia and the Association of Financial Advisers will appoint two ...
Risk commission changes imperil advice practices
KARREN VERGARA  |  WEDNESDAY, 5 JUN 2019
As financial advisers adjust their business models to the Life Insurance Framework, many fear the Royal Commission's recommendations will further undermine the viability of their practices. This is according to ClearView's latest survey of 630 financial ...
ClearView defends risk advice commissions
KARREN VERGARA  |  TUESDAY, 26 MAR 2019
... ClearView wrote in an email to advisers, to consider tinkering with commission caps again given the Life Insurance Framework (LIF) reforms are partly implemented and will not be fully implemented until 2021. ClearView believes the LIF - once it fully ...
PAGE:
1
PREVIOUS
NEXT
Link to something crUvCzFG