Royal Commission comes to a close
/The Royal Commission into the finance sector has come to a close, with Commissioner Haynes and his team having two months to prepare the final report for February 2019.
Read MoreRisk Product, Company and Regulatory Updates as at 3 December 2018
/BT policy waiver extended for Protection Plans
TAL partners with NIB for health insurance
FASEA recognition of prior learning update
CBA possible privacy breach investigation
Financial Circle AFS licence cancelled
Risk People as at 3 December 2018
/AMP replaces CEO
Zurich mixes up leadership team
MetLife expands retail team
AFA Consumer Choice Awards
FPA Adviser and Practice of the Year Awards
New Markets Disciplinary Panel members
Life insurance study asks consumers what they want
/The largest of its kind in Australia, MetLife’s most recent client study has found that clients want personalised, tailored advice, and more regular contact.
Read MoreMen still the vast majority in advice in Australia
/Australian advisers are still predominantly male, with varying (lowish) numbers of female advisers at the different licensees.
Read MoreRisk Product, Company and Regulatory Updates as at 20 November 2018
/ANZ releases new underwriting engine
TAL product updates
Zurich and Oxford join income protection study
ClearView launches LaVista Licensee Solutions
ASIC now able to hire outside the box
FSC issues revised code draft
FASEA still working on details of education standards framework
Risk People as at 20 November 2018
/Vamos joins Freedom Insurance Group, CEO departs
Study: do enforceable undertakings work?
/An Australian study in the effect of EUs on corporate behaviour has found that EUs do have a deterrent effect.
Read MoreRoyal Commission to focus on causes of poor conduct
/The seventh round of hearings for the Royal Commission into the finance industry will focus on the causes of misconduct, with the previous six hearings focusing on the misconduct itself.
Read MoreASIC climate risk report reveals shortcomings in disclosure
/Australian listed companies are falling short when it comes to climate risk disclosure, with ASIC calling for greater efforts.
Read MoreRisk Product, Company and Regulatory Updates as at 6 November 2018
/Tasplan appoints MetLife as group insurer
AMP risk business closed after sale
New life insurance reporting standards launched
ClearView upgrades LifeSolutions
Asteron Life product update
TAL Accelerated Protection upgrades
MLC offering 10 per cent premium discounts via digital underwriting platform
ASIC inviting consultation on proposed licensee competence requirements
AFA and FPA apply for Code Monitoring job
Risk People as at 6 November 2018
/MetLife appoints new head of group product
Yellow Brick Road welcomes new CEO
NEOS Life announces underwriting and sales team
AMP Wealth Solutions and customer team appointments
Commonwealth Bank senior appointments, demerger
Royal Commission not affecting consumer trust in advisers
/MetLife research into the impacts of the Royal Commission have found that consumers’ relationships with their advisers are not being adversely affected; in fact the opposite may be true.
Read MoreGetting financial advice makes us feel better - AFA research
/A whitepaper produced by the AFA has found that consumers feel better, and in many cases are better off financially, after seeing a financial adviser.
Read MoreRisk People as at 23 October 2018
/NEOS appoints underwriting and sales team
AFA board leaders stay put
FPA announces new chair
Aviva CEO to leave in April
Risk Product, Company and Regulatory Updates as at 23 October 2018
/TAL adviser centre launch, minor changes to product structure and pricing
ASIC’s inspectors in big banks
CBA fees for no service EU update
Raiz Invest and Swiss Re partner up to launch group insurance products
Electronic advice register launch
BT updates quote and application software, announces policy fee waiver
Corporations Act sections of FASEA exams to be open book
Banks removing trail commissions and grandfathered payments
FOS complaints on the rise
/FOS releases its annual report on disputes, with an increase in complaints of 11 per cent for the last financial year.
Read MoreASIC examines insurance inside superannuation, finds lacking
/ASIC’s report into insurance inside superannuation shows there is room for improvement.
Read MoreAustralian women CEOs speak up
/A study has examined the experiences of female CEOs in Australia.
Read MoreRisk Product, Company and Regulatory Updates as at 2 October 2018
/Asteron Life Complete product changes
Zurich launches new adviser portal
MetLife Australia back in retail life business
ASIC taking civil action against ANZ
ASIC report finds unacceptable delays in reporting by institutions
Dover Financial Advisers and sole director taken to court
FASEA announces changes to qualification requirements for advisers
NAB and MLC facing class action over consumer credit insurance
