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|Showing 1 - 10 of 84 results for "Life Insurance Framework"|
|... together and provide a solution by the end of the year - or else face another scenario similar to the Life Insurance Framework. "The Life Insurance Framework came about because the industry could not commit to unified action when we were being told by ...|
|... products, acknowledging that financial advisers' bottom line has struggled since the introduction of the Life Insurance Framework reforms. While the government's priority is to align financial advisers' professionalism and remuneration structures ...|
|The federal government will fold the 2022 Life Insurance Framework Review into the Quality of Advice Review, taking over the responsibilities from ASIC. The Quality of Advice Review will consider the LIF Review as part of its wider mandate, Minister ...|
|... government and the opposition as they prepare to consider the future of life insurance commissions under the Life Insurance Framework review," Nowak said.|
|... research and data." The news comes as the insurance industry deals with the review into the progress of the Life Insurance Framework.|
|... more Australians being underinsured. This includes the Insurance in Super Voluntary Code of Practice, Life Insurance Framework reforms, Protecting Your Super (PYS)/ Putting Members' Interests First (PMIF) legislation and COVID-19, according to the ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|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 ...|
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Senator Jane Hume is allowing candidates who have failed the Financial Adviser Standards and Ethics Authority (FASEA) exam twice to re-sit it in 2022.
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The industry fund has appointed a general manager of brand and marketing.
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The government has passed legislation that will see the establishment of an independent body that will review the effectiveness of both the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA).
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Westpac has decided to retain its New Zealand business after reviewing the feasibility of the 160-year-old division and the impact of increased capital requirements.
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