Cigna Launches a ‘No Clawback’ Option
Cigna launched a new commission model this week that ends clawbacks within the first two years of a policy being taken out. Renewal commissions...
Renewals Underpin Fidelity Life Adviser Commission Model
Advisers working with Fidelity Life will soon see a portion of their remuneration linked to the number of clients who renew their policies. In...
Start of Partners Life Matrix Bonus System Delayed
The formal introduction of Partners Life's Customer Outcome Matrix (COM) has been delayed until 1 October to give advisers more time to adjust to...
Poll Result: ‘Fees-For-Service’ Model Draws Moderate Support
Results from our latest poll appear to show that a quarter of financial advisers are considering billing new clients for the help they provide.
Last...
Commission Rate Raised To 200 Percent
Asteron Life has raised its commission rate by 10 percentage points to 190 percent and topped it up by an additional 10 percentage points...
New Poll: Will You Charge New Clients For Advice?
This week we reported on two financial advice firms which operate in different ways (see: Charging For Advice Raised At Bounce Conference).
PH Wealth charges...
Fees For Advice Raised At Bounce Conference
Billing clients for advice is a hot topic across the insurance industry; but one firm that's been doing it for decades is PH Wealth.
Jared...
Commissions On Inflation Increases At Fidelity Life To Stop
Fidelity Life will stop paying initial commission on its CPI increases from March next year, says the firm in a statement. However, it says...
Advisers Should Clarify Their Status – Strategi
Advisers have been urged to clarify their professional status and decide how they will work under the incoming regulatory regime.
The call has been made...