Protecting vulnerable insureds – Not as straightforward as it seems

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From 1 July, subscribers to the General Insurance Code of Practice 2020 (Code) must take extra care of small businesses and individuals who have purchased a retail insurance product and are ‘vulnerable’. When and who does the Code apply to? The Code launched on 1 January 2020 but most of its provisions will take effect in 2021.... Read more continue reading

Who says you can’t teach old dogs new tricks?

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Old folk don’t take on new technology and new ideas, right? You just can’t teach them. Or is that “us”? Well that theory is getting blown away in a pandemic-like-way… There has been a continuous lament for years about the ageing of the financial advisory business and it is certainly true when you look back... Read more continue reading

CPD: A deep dive into FASEA’s Code of Ethics – Part two

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FASEAS’s Code of Ethics with its twelve standards, became law on 1 January 2020. Its aim, to ensure best practice and positive client outcomes from Australia’s financial advice providers. In this article, proudly sponsored by GSFM Pty Ltd, we take a close look at standards seven to twelve. (Part one examined standards one to six.)... Read more continue reading

‘End of an era’ for Diploma and Advanced Diploma of Financial Planning

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3 November 2020 marked an ‘end of an era’, according to leading financial services education provider Kaplan Professional, after the national regulator Australian Skills Quality Authority (ASQA) removed the FNS50615 Diploma of Financial Planning, FNS60415 Advanced Diploma of Financial Planning and three Tier 1 personal advice units of competency in financial planning, margin lending and... Read more continue reading

UniSuper CEO Kevin O’Sullivan named FEAL Fund Executive of the Year

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Kevin O’Sullivan Chief Executive Officer of UniSuper, has been awarded the 2020 Fund Executive Association Limited (FEAL) Fund Executive of the Year. The annual award, which is in its 19th year, recognises a fund executive who has made an outstanding contribution to their fund and the superannuation industry. At a dinner attended by more than 60... Read more continue reading

Zurich Australia launches Reconciliation Action Plan

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Zurich Australia has celebrated the launch of their inaugural Reconciliation Action Plan (RAP) at an employee event, timed in recognition of NAIDOC Week. The inaugural RAP is the culmination of many months of work with Reconciliation Australia and Zurich’s community partners. It is an important step in Zurich’s journey towards driving positive, progressive actions to... Read more continue reading

AIA Australia launches first national mental health study for advisers

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AIA Australia has collaborated with Deakin University and Dr Adam Fraser on a research project to examine the mental wellbeing of Australia’s financial advisers. The project, called The Adviser Voice, has the following objectives: Understanding the current state of mental health and wellbeing of financial advisers Learning the habits and attitudes associated with those advisers who... Read more continue reading

QSuper named Australia’s best super fund

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QSuper was awarded SuperRatings and Lonsec Fund of the Year at the annual awards event recognising excellence in the superannuation industry. Each year, SuperRatings and Lonsec recognise the achievements of individual super funds across a range of categories, with the coveted Fund of the Year award presented to the fund that offers the best value... Read more continue reading

Zenith Fund Awards celebrates excellence in funds management

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Zenith Investment Partners have announced the winners of their annual Fund Awards in an online presentation to the industry.  Recognising excellence in funds management across major asset classes and disciplines, the awards acknowledged winners in 22 categories across the sector including Responsible Investments, the Rising Star and the pinnacle of the award categories, Fund Manager... Read more continue reading

CPD: A deep dive into FASEA’s Code of Ethics – Part one

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Consumers expect the best of their professional service providers, however it’s not always the case. FASEAS’s Code of Ethics, and its twelve standards, became law on 1 January 2020 to ensure best practice across Australia’s financial advice providers. In this article, proudly sponsored by GSFM Pty Ltd, we take a close look at standards one... Read more continue reading