Risk Product Update
/MetLife updates products
CFS launches adviser support platform
Risk People Update
/Women in Finance Awards 2022 - finalists revealed
CALI welcomes first CEO
Adviser numbers dropped dramatically since 2019, research shows
Risk Product Update
/Kaplan launches paraplanning course
Midwinter releases new goals optimisation adviser software
Risk Regulatory Update
/AMP facing $14m in fines
Dixon to pay $7.2m penalty
FPA and AFA to merge, in talks since last year
Risk Product Update
/MetLife adds fitness and recovery to health offering
MetLife has added a fitness and recovery section to its 360Health Virtual Care digital offering to customers and their families, and all MetLife employees in Australia, no claim required. The move comes after a third of all total and permanent disability claims are due to musculoskeletal conditions like back injuries and strains. The new additions include access to exercise physiologists and personalised programs.
Risk People Update
/AFA awards
Sequoia welcomes head of financial planning
Risk Company Update
/Advisers and their staff can now personally use MLC Life’s Vivo
LifeBid: New life insurance platform nears completion
Risk People Update
/AFA announces award finalists
MLC Life appoints CFO
Risk Regulatory Update
/FPA updates Professional Code
ASIC industry funding model discussion paper released
Family violence exemptions for insurers
YFYS review begins
ASIC review of non-disclosure ‘fishing’ in TPD cover continues
Treasury releases Quality of Advice Review proposal
AFA and FPA discussing merger
50% pass rate for July and August adviser exams
Risk Regulatory Update
/ASIC provides relief for insurers and brokers for retail insurance
Freedom Insurance to pay over $100m in remediation
Government announces review of ASIC industry funding model
Risk Company Update
/Count Financial launches digital SoAs
MBS Insurance obtains AFS licence, forms alliance with Bombora
Risk Product Update
/MLC launches Vivo, a new wellbeing offering
Report: adviser tech report shows changing needs
/Investment Trends’ latest Adviser Technology Needs Report look under the hood at advisers’ use of technology platforms in practice.
Read MoreMaking a plan: preventing financial products used as weapons for financial abuse
/The Office for Women has released a resource for companies to better understand the way their financial products may be used for financial abuse, and how to prevent it.
Read MoreRisk Regulatory Update
/APRA’s updated corporate plan published
HJ Shortland & Co Wealth Management licence suspended
ASIC’s first DDO stop order on three companies
Risk People Update
/Resolution Life welcomes CEO, appoints investment specialists
Iress appoints new CEO
Risk Company Update
/Certe buys Genesis Financial Partners
Zenith Wealth joins Fortnum
OnePath Life transfer complete
Westpac Life sale complete
Report: Advisers stressed at claim time
/A new survey by TAL has revealed many advisers experience stress when working with clients on claims.
Read MoreMillennial financial stereotypes need modifying, survey shows
/A new survey shows millennials are investing with great enthusiasm and are not scared of long-term financial plans.
Read MoreRisk Product Update
/NEOS Life launches new income support option
NEOS has launched a new Extended Care Option on its Income Support Cover. Policyholders can replace up to 70 per cent of their income for the life of their claim. Under this option monthly benefits will not be automatically reduced if they are on claim for over two years. A new PDS and adviser guide are available.
