Risk & Insurance

Risk & Insurance

APRA takes IP insurance into its own hands

The prudential regulator has moved to save income protection insurance providers from their own predilection for aggressive competition with a host of changes that will affect product pricing and design.

Tahn SharpeDecember 12, 2019

Risk & Insurance

Advisers flee risk advice in droves

The number of risk specialists in advice has dropped from 34% to 15% in five years with the LIF laws, overbearing compliance, FASEA and looming threats to upfront commissions to blame.

Tahn SharpeNovember 21, 2019

Risk & Insurance

AIA and CommInsure join forces

AIA has partnered with Commonwealth Bank’s life insurance business to operate as one entity as it waits for its purchase of CommInsure Life to be completed.

Elizabeth FryNovember 7, 2019

Risk & Insurance

Inside the Risk Advice Summit movement

There's never been a more important time for industry to articulate its value and open conversations with stakeholders including policy makers and regulators, AIA Australia CEO Damien Mu says on the sidelines of the Risk Advice Summit.

Professional PlannerOctober 3, 2019

Risk & Insurance

Associations weigh in on risk advice review

The importance of documenting advice and explaining what risk advisers do has never been as important, according to Financial Planning Association CEO Dante De Gori and Association of Financial Advisers CEO, Phil Kewin.

Professional PlannerOctober 2, 2019

Risk & Insurance

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.

Tahn SharpeSeptember 30, 2019

Risk & Insurance

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.

Tahn SharpeSeptember 26, 2019

Risk & Insurance

Risk advice: the policy journey has begun

Former Labor MP Bernie Ripoll articulates the journey the risk advice industry will be on for the next two years and the rational for the Professional Planner Risk Advice Summit campaign series.

Professional PlannerSeptember 26, 2019

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