Thursday, January 16, 2025

Australia

Australia’s New Class of Adviser

The news that a new class of adviser is likely to become a reality across the Tasman in 2025 generated a huge amount of...

Growing Demand for Episodic Advice – Report

In Australia, a new report shows that while more than 10 million adults plan to see an adviser, half only want to pay for...

Advisers Cautioned on Email Security

Advisers attending the 2024 FAAA Congress in Australia last week were told their email systems are the most vulnerable technology component to external threats...

Concern Over Delay in Implementing Advice Reforms

Concern has been expressed across the Ditch this week over the delay in the implementation of reforms intended to deliver greater consumer access to...

Claims Handling Code Breach

A life insurer in Australia breached the Life Insurance Code of Practice by issuing unnecessary information requests and failing to meet timeframes when deciding...

Emergence of Claims Outsourcing Trend

A large Australian dealer group is the latest firm adopting a growing trend across the Tasman of advice businesses outsourcing some or all of...

Grandparents Giving Financial Help to Younger Generations

Grandparents are playing an increasingly prominent role in supporting younger generations, with half (52%) of Australian grandparents providing, or planning to provide, financial assistance...

Insurers Welcome Ban on Genetic Test Results in Australia

The Council of Australian Life Insurers (CALI) has welcomed a ban on the use of genetic test results in insurance underwriting. A statement from the...