Risk People as at 19 March 2019
/NAB appoints new chair
NEOS Life appoints senior underwriter
Strategic Insight / AFA Life Company of the Year awards
ASFA Retirement Standard December quarter
/The latest costs are out for retirees for the December quarter of 2018 in the Retirement Standard from ASFA.
Read MoreAFA response to RC recommendations
/The AFA has responded to the Royal Commission, both to members and the public, regarding errors, misunderstandings, and areas of contention.
Read MoreRisk Product, Company and Regulatory Updates as at 5 March 2019
/Automated advice software developer opens Australian office
BT updates quoting and applications for risk, extends policy fee waiver offer
Suncorp sale to TAL finalised
Grandfathered commissions on last legs
AFSL approval data released by ASIC
APRA’s 2019 targets outlined
Labor wants to ban all life insurance commissions
Risk People as at 5 March 2019
/
Macquarie wealth leadership shifts
TAL appoints chief commercial officer for transition of Suncorp
CFS appoints head of retail sales
Executive reshuffle at ANZ
CBA executive retires
Government encouraging whistleblowing with greater protections in place
/Legislation has passed giving whistleblowers greater protections, to encourage whistleblowing on rogue companies or organisations.
Read MoreFASEA's Adviser Code of Ethics released
/We summarise the 12 standards set out by FASEA’s new Code of Ethics.
Read MoreIncome protection white paper: "We need a different perspective"
/Greg Martin, ClearView’s chief actuary and risk officer, details the argument for change in how industry approaches income protection insurance.
Read MoreRisk Product, Company and Regulatory Updates as at 19 February 2019
/Clearview updates LifeSolutions pricing
MLC MySuper goes from single strategy to lifestage
Delays for MLC sale
Westpac looking at selling in-house planners
Fourth report on four major banks released
FASEA adjusts adviser exam
Freedom Insurance Group suspends trading
ASIC appeals Federal Court decision on Westpac breaches
Risk People as at 19 February 2019
/New appointments at AMP
Swiss Re and Partners Life welcome new director
NAB CEO and chair leave bank
Risk Product, Company and Regulatory Updates as at 5 February 2019
/TAL offering FASEA course
AMP Elevate to partially close
AIA Australia launches client competition
Commonwealth FP ordered to stop charging ongoing service fees
Report looks into the financial stress of Australians
/AMP’s latest Financial Wellness report shows that many Australians are financially stressed, despite many earning higher incomes.
Read MoreFriends and family acting as informal financial advisers, research shows
/Recent Roy Morgan research demonstrates that many of us are using our better-off family and friends as portals for financial advice.
Read MoreRisk People as at 22 January 2019
/Count Financial GM leaves vacancy
MetLife welcomes new CEO
MLC Life appoints board member, first chief customer experience officer
Frontier Advisors appoints investment professionals
AFA appoints new chair to Inspire
Risk Product, Company and Regulatory Updates as at 22 January 2019
/Adviser licensee joins forces with investment platform for innovation
FASEA updates on education standards
Westpac and BT still failed consumers, says court
Advanced Wealth Financial Services in court
HNW Planning has licence restrictions applied
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.
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