Risk Product, Company and Regulatory Updates as at 9 July 2018

  • AstuteWheel: new digital tool providing SoA's in an hour

  • Integrity Life to launch retail suite in October

  • Macquarie quits grandfathered commission

  • HSBC exits financial advice, closing its financial advice doors

  • ASIC vs. Refocus Financial Group

  • AMP FP facing civil penalties for alleged failures in insurance advice

  • ASIC pursuing advice firms misusing term 'independent'

Read More

Product, Company and Regulatory Updates as at 15 May 2018

  • Zurich offers lifestyle program, updates Active product range and definitions

  • NAB to leave advice sector, divests wealth operations

  • ANZ to increase share buy-back, cuts sales incentives for advisors

  • CBA finds no evidence of compromised customer information

  • Mackellar’s AFS licence cancelled by ASIC

  • New International paraplanning standard launched in the UK

  • Recommendations submitted to the Royal Commission by ASIC and FPA

  • Class actions filed against AMP

  • Group life insurance offered as opt-in after Federal Budget

Read More

Risk People as at 15 May 2018

  • Operating officer and advisory firm appointed by CountPlus

  • Victorian and Tasmanian 2018 NIBA award finalists revealed

  • Non-executive directors step down from AMP board

Read More

Risk Product, Company and Regulatory Updates as at 1 May 2018

  • AMP adjusts product prices

  • ANZ OnePath adviser portal enhanced

  • Freedom to acquire life business

  • Boutique wealth manager signs to insurance offering

  • ASIC banning power increased

  • First Super supports action against AMP board

  • Class action against AMP to be investigated

  • AMP and banks advice failings may result in criminal charges

Read More