CPA Australia rails against advice regulation
An overly complex and expensive regulatory framework is preventing accountants from being able to fill the advice gap, according to a new report from CPA Australia.
October 01, 2019
Insurance models marred by rocky glide paths
Current insurance products don’t allow consumers to change gears between group systems and more tailored policies smoothly enough, according to NMG Consulting partner Ashwin Field.
September 30, 2019
What advisers really think of their licensee
A revealing answer to the question 'What would a licensee need to do for you to switch?' gave an interesting insight into advisers' hearts and mind.
September 27, 2019
Advice need ‘lost amid the noise’: Tagliaferro
The outspoken IML founder says remuneration issues are obscuring the role of sound financial advice. The industry needs to find a way to survive, he says, because people need it.
September 27, 2019
Justifying risk commissions ‘bemuses me’: AFA’s Kewin
The head of the AFA voiced his frustration at having to justify current remuneration methods on behalf of insurance advisers when no one is actually complaining about them.
September 26, 2019
Cormann indicates ‘wait and see’ approach on risk commissions
The Minister for Finance said while retaining risk commissions is a “completely reasonable proposition”, we have to find a balance between protection and industry viability.
September 25, 2019
Photo Gallery: Risk Advice Summit 2019
Check out some of the pictures from the 2019 Professional Planner and AIA Australia Risk Advice Summit, which took place on September 24 at the Hilton, Sydney.
September 24, 2019
‘Bolted on’ reforms could unwind mass-market advice
Pamela Hanrahan has what she admits is an ‘uncomfortable message’; piecemeal policy is undermining business models and constricting the advised client base.
September 24, 2019
ALP to add consultation to RC approval process
Labor will look to industry for regulation guidance after the federal election loss forced the party to order a full review of its policy, according to Matt Thistlethwaite.
September 24, 2019
ASIC won’t be cowed by IOOF, Westpac rulings
The corporate regulator will maintain its ‘why not litigate’ policy despite initially losing its responsible lending case against Westpac and watching APRA stumble against IOOF.
September 23, 2019
