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Showing 1 - 10 of 206 results for "Life risk"

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... 13.9). This amends the Corporations Act to state that a person who provides personal advice to a retail client about a life risk insurance product, general insurance product or consumer credit insurance and receives a commission in connection with the ...

Priority Advisory Group, Wise Planners merge

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2023
... in Sydney's north shore, the newly merged firm will have four divisions: personal and family wealth, aged care, life risk insurance, and workplace financial advice. The two practices are authorised representatives of Fortnum Private Wealth. Wise ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... relation to the product. This consent will be one-off and applied for the duration of the policy and only applicable to life risk products. Turning to superannuation, super fund trustees should be able to provide personal advice to their members about ...

QAR leaves insurance commissions alone

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... the duration of the policy and the nature of the ongoing service they will provide to the client in relation to the life risk product, the paper says. QAR chair Michelle Levy said: "I have been persuaded that there are some benefits and some circumstances ...

QAR could see 12% increase in insured Aussies

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
... sales still falling," NMG said. "But not as far as today's scenario, which will by more than offset by a simplified life risk advice model creating additional new policies." However, given the dynamic between lapsing policies and new business, even with ...

iExtend adds lead alliances role

JAMIE WILLIAMSON  |  MONDAY, 12 SEP 2022
... also previously held senior distribution roles with Sunsuper and Millennium 3. He has also previously served as head of life risk at Professional Investment Services and general manager of wealth management NZ and Queensland at ANZ. His promotion follows ...

Padua appoints head of technical advice

CHLOE WALKER  |  WEDNESDAY, 8 JUN 2022
... senior positions at ING Australia, OnePath and ANZ Wealth, including heading up technical services and intermediated life risk sales strategies. Prior to a career in technical services, Haddad was a paraplanner at ANZ. Haddad's appointment follows that ...

Challenger details future strategy, plans JV

JAMIE WILLIAMSON  |  TUESDAY, 24 MAY 2022
... financial security in retirement and deliver meaningful value for their shareholders". This includes investment and life risk, product and distribution, and possible joint venture opportunities. The joint venture would be a lending platform, Challenger ...

Adviser numbers at five-year low

KARREN VERGARA  |  FRIDAY, 23 APR 2021
... whopping 389 but added 50 new advisers. Less than a third (30%) of advisers or 2579 are authorised to provide advice on life risk products. Aware Financial Services with 204 and Commonwealth Financial Planning with 203 risk advisers have the largest ...

Hume calls out ERS fake news

ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
... Framework Review approaches in 2021, McCormack said he hopes to see remuneration reconsidered so that "we don't see good life risk advice become the domain only of the very, very wealthy". In a poll to the audience, rebuilding community trust and meeting ...
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