Friday, May 29, 2020

Tag: Australia

Aussie Warning Over Insurance Middlemen

The Australian Financial Complaints Authority (AFCA) has warned people affected by recent natural disasters against signing up with insurance middlemen in the hope of...

Advisers Should Consider Multiple Remuneration Structures – Research

New research released by MetLife Australia reveals ‘commission’ isn’t a dirty word, but suggests financial advisers should consider implementing a range of payment options...

3,000+ Advisers Exit Major Aussie Institutions – New Report

Major regulatory action post the Australian Royal Commission, combined with strategic exits by major banks along with a 50 percent increase in exits from...

Australian Regulator Demands New Course for IP Sustainability

In a momentous development, the Australian Prudential Regulation Authority (APRA) has imposed a prescriptive set of changes on life companies designed to revive the flagging sustainability of...

Insurers Support QLD, NSW Bushfire Victims

In Australia, a number of life companies have offered their support to those affected by the bushfires in Queensland and New South Wales, in...

Specialist Risk Adviser Numbers Continue to Decline

Risk specialist advisers are becoming an 'industry niche' in Australia, according to latest research released by Investment Trends. This is one of the key findings...

More Advisers on the Move

In Australia, research and advice firm Adviser Ratings has reported a 70 percent increase in the number of advisers moving between licensees in the last...

Call For Ban on Life Insurance APLs in Australia

In Australia, bank whistleblower, Jeff Morris, has called for the government to ban the use of life insurance Approved Product Lists by vertically-integrated advice...

Financial Advisory Business Closes Digital Advice Tools

Sydney-based Australian financial services licensee, Lime FS, has agreed to close down two digital advice tools following concerns raised by ASIC. Lime FS’ corporate authorised...