Poor Record Keeping Tripping up FAPs
Our report that inadequate record keeping has been identified as a common compliance issue attracted plenty of interest among Riskinfo readers this week..
Inadequate record...
Alternative Solutions for Risk Advice Remuneration
Alternative solutions are being outlined by advisers and other industry stakeholders in Australia to address concerns that remuneration for life insurance advice remains commercially...
Pros and Cons of Mergers & Acquisitions
A list of common mistakes FAPs can make when implementing plans to grow their company via mergers and acquisitions has been published by Strategi...
Keep Client Consults Super Simple
GUEST COLUMNIST – TONY VIDLER
To be effective as financial advisers we need to begin by focussing on the burning needs of our clients –...
Consultation on New Conduct Outcomes – FMA
Generating interest among Riskinfo readers this week was confirmation by the FMA of a proposed set of consumer and market outcomes it believes the...
FSCL Investigates Premium Payment Confusion
Our report on how the wrong person came to pay for someone else's life policy, and the Financial Ombudsman's investigation that followed, is the...
Time to Focus on Cyber Risks
GUEST COLUMNIST – CLINTON STANGER
FAPs need to decide if they can effectively mitigate cyber risks – it is not an IT or technology risk...
Common Practice May Not be Best Practice
GUEST COLUMNIST – TONY VIDLER
Just because a methodology has become the accepted norm, it does not automatically translate into that being the best way...
FAPs Are Making Hard Work of Compliance
Our report that most FAPs are over-complicating the job of meeting their regulatory compliance obligations struck a chord with Riskinfo readers this week...
Most FAPs...