|Search Results||Showing 1 - 10 of 73 results for "Life Insurance Framework"|
|... 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 ...|
|... 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. ...|
|... members." Recently the two associations have also partnered on a life insurance taskforce as ASIC's Life Insurance Framework review approaches.|
|... 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 ...|
|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 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 ...|
|... that any consideration of life insurance advice is undertaken in 2021 as part of the ASIC review of the Life Insurance Framework reforms, Bailey said collaboration between regulators, policymakers, financial advisers and insurers is essential to ensure ...|
|... (driven by price positioning issues, poor outcomes with a few AFSLs and the flow-on-effect from the Life Insurance Framework's caps and rules). These offset the 12% increase in life insurance gross premiums and 15% growth in the life insurance in-force ...|
|... its current 20-60% commission caps on sale of life risk insurance products to zero when it reviews the Life Insurance Framework in 2021, unless "there is a clear justification to keep them". Trapnell says Synchron will approach the Government to make ...|
|... expand the scope of their advice to combat pressures put upon them by regulatory reforms such as the Life Insurance Framework. "This is doubly important because it's only a matter of time before there are renewed calls to ban insurance commissions ...|
The executive manager of operations at a $17 billion industry superannuation fund resigned recently, with a replacement yet to be appointed.
Clime Investment Management has partnered with Sequoia to launch a new fund that aims to provide a yearly income of 8%.
A three-day trial has been scheduled for the landmark case brought against Rest by member Mark McVeigh.
A retail superannuation fund has dropped the investment fees on three options by 10 bps to 19 bps, with its chair saying the cuts will help it be more competitive.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|