Merry Christmas from financialobserver


On behalf of financialobserver I would like to wish all our readers a Merry Christmas and a Happy New Year. Thanks so much for your support in 2017 and we look forward to engaging with you again in 2018... Read More

Kaplan calls for CPD overhaul


Adviser education group Kaplan Professional has called for an overhaul of the industry’s approach to continuing professional development (CPD), suggesting advisers should be assessed by learning outcomes rather.. Read More

FSC says medical data framework needed


Life insurers and doctors must work together to come up with a standard framework around the use of a policyholder’s medical information, as discrepancies between the ways general practitioners and insurance co.. Read More

Government passes super scheme laws


The government has successfully passed its First Home Super Saver Scheme through parliament, meaning home-buyers and retirees will be able to make the most of the new incentives from the beginning of next financial y.. Read More

Opinion - Education fears real and justified


As 2017 draws to a close we are running headlong into a new adviser education environment, something that is striking fear into the hearts of many risk-focused financial advisers. And with good reason. Central .. Read More

AIA stands out for consumer satisfaction


AIA Australia was the standout for consumer satisfaction among retail life insurers this year, with overall consumer satisfaction in life insurance declining slightly over the past 12 months, according to new researc.. Read More

Proactive approach key to avoid scandal


Financial services organisations need to get proactive about compliance in all aspects of their business in order to avoid future scandals and further public scrutiny, according to the Regtech Association. Julia.. Read More

ASIC updates risk SOA


ASIC has released an updated version of its new statement of advice (SOA) template for risk advisers, having re-ordered several sections including the disclosure of commissions following industry feedback. In a .. Read More

Opinion – More than one way to plan for retirement


While society places a great deal of focus on preparing financially for life after work, many pre-retirees do not give as much attention to the non-financial preparation needed to achieve fulfilment as they age. .. Read More

AIA adviser distribution head to depart


Life insurer AIA Australia’s head of independent financial adviser (IFA) distribution will depart his role for a more senior position at the group’s head office in Hong Kong. In a statement, AIA conf.. Read More

Data breach laws leave advisers at risk


Incoming laws requiring small businesses to compulsorily disclose when data breaches have occurred in their systems could have major implications for advice firms which often lack the tools to monitor or protect agai.. Read More

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