Partners Life Makes Changes to Bonus Commission Payments
Partners Life has announced it will be removing new business volume targets from bonus commission payments, effective 1 October 2019.
In an update to advisers,...
Asteron Life Makes Changes to Production Bonus Structure
Asteron Life has made changes to the production bonus structure on its products.
The insurer recently reviewed its commission structures for advisers where it noted...
Australia Confirms Grandfathered Commission Ban Date
In Australia, legislation introduced into Parliament last week will ban the grandfathering of investment and superannuation commissions by 1 January 2021.
In a joint release...
AIA Releases Details on New Product Suite
AIA has announced it will launch its new AIA Living product range with AIA Vitality on 5 August.
AIA Chief Product and Vitality Officer, Len...
Asteron Life Reviews Commissions
Asteron Life has announced it has reviewed its commission structure for advisers.
Asteron Life Executive Manager Life Distribution, Graham Hill, says the review was undertaken,...
News in Brief
Financial Advice NZ Reveals 10 Business Partners
Financial Advice New Zealand has announced the names of its ten new Business Partners for its partnership programme...
AFA, FPA Life Insurance Task Force Latest
The AFA and FPA have released further details on their joint life insurance task force initiative (see: AFA, FPA Join Forces…).
Positioning the formation of the...
New Australian Research Supports Retention of Risk Commissions
Australian insurer, ClearView, has released new research which reveals that any additional changes to adviser remuneration will neither lift advice quality nor result in...
Partners Life Commission Correction
Latest news from Partners Life includes the implementation of a correction to address a commission payment error and the release of details for a...