Flexibility in a life insurance policy is a great benefit for customers. It’s a big reason why the wide range of universal life products have been so popular. Drew Gurley However, flexibility in ...
The Department of Financial Services has sought explanations from insurance councils on rising commissions failing to boost ...
Senior citizens walk into banks seeking safety and certainty. Too often, they walk out with complex insurance products that ...
ASSISTANT Treasurer Josh Frydenberg has taken on board recommendations made by the financial services industry to improve life insurance, a sector the corporate supervisor believes is dogged by bad ...
Emkay sees the possibility of draft commission regulations being released this month with some emphatic provisions toward ...
Many insurers are now facing scrutiny from the Insurance Regulatory and Development Authority of India (IRDAI) for ...
Life/risk advisers should not be viewed in the same manner as those providing investment advice and can’t simply replace commission revenue with fee revenue in the same way investment advisers managed ...
The Quality of Advice Review has stated there are benefits of retaining commission for life insurance but admits it could result in lower-quality advice for consumers. There were currently a number of ...