Monday, April 12, 2021

Poll

Ready to Apply For a FAP Licence?

Two weeks into the new regulatory regime and the FMA says advisers are already applying for a FAP licence. While the transitional licence is valid until March 2022, it seems some advisers are making the...

Alternative General Advice Proposition for Risk Specialists

A licensee firm in Tasmania is offering an alternative 'general advice' career option for specialist risk advisers in Australia. Positioned to appeal to advisers who have decided to depart the industry – or sell their...

Adviser Pays Back $34,000 in ‘Hidden Fees’ to Clients

An adviser who charged two clients $34,000 in hidden fees has returned the money following a decision by dispute resolution service Financial Services Complaints (FSC). Susan Taylor, CEO of FSC, says it's okay to charge...

Unsung Heroes Wanted For Industry Contest

ANZIIF is to highlight the “unsung heroes” of the insurance sector on both sides of the Tasman in what it's calling the Year of the Insurance Professional. “ANZIIF remains committed to lifting the professional standards...

Cigna Retains ‘Excellent’ Credit Rating

Credit ratings agency AM Best has reaffirmed the financial strength rating of Cigna as 'A' (Excellent) and its long-term issuer credit rating of 'A' with stable outlooks. Cigna New Zealand Chief Financial Officer Mark Schollum...

More Discounts For AIA Vitality Members

AIA has extended the member benefits of its AIA Vitality scheme to include a free programme on alcohol reduction and discounts from Samsung and Event Cinemas. The insurer says members can obtain a 25% discount...

Virtual Medical Consultations Ballooned in 2020

The delivery of healthcare services has been transformed as a result of Covid-19 according to a US study released by Cigna. In one of the first Covid-19 health insurance claims analyses, the insurer explores how...

‘Plan B’ Offer for Risk Specialists in Australia

Risk specialist advisers in Australia who are contemplating their future in the industry are being offered an alternative pathway by a Queensland-based financial services firm. The offer, being made by Australian Financial Advisory Network (AFAN),...