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.
Risk Advice Summit
Insurance advice professionals will come together as a single voice at the inaugural Risk Advice Summit in Sydney in September, initiated by AIA Australia and facilitated by Professional Planner.
Listen to and interact with policymakers, consumer groups, overseas risk advice experts, as well as your peers and industry leaders, to map out a sustainable future underpinned by better outcomes for all Australians.
As Bernie Ripoll summed up at the end, it was the first time that everyone felt connected to a common goal and committed to the future as we want to see it. Thanks to AIA, Zurich and Conexus for creating the opportunity for us to learn, share ideas and views, and commit to the future we want to lead and be part of, for the greater social good.Olivia Sarah-Le LacheurGeneral Manager, Life Product and Distribution, CommInsure
Having confidence that our industry is doing what it can to put our case forward.Mark MullinsAssociate Director, Hood Sweeney
Discussion on future of risk advice and knowing that various stakeholders are trying to influence policy making to bring better outcome to the profession.Chloe HuangFinancial Adviser, Bennelong Wealth Management
Content, relevance and quality of speakers.Philip KewinChief executive, Association of Financial Advisers
Direct feedback from politicians and reality check.Benjamin DonaldPrincipal Adviser, Austbrokers
Seeing the unified voice and intent and one message.Andrew BabisterNational Manager, Advice, IOOF
Really strong speaking line-up, great opportunity for audience to participate.Dinah MunroStrategic Account Manager, MLC Life Insurance
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.
The Australian Labor Party will add industry consultation into the process it uses to consider legislation following Hayne royal commission recommendations, Labor MP and Shadow Assistant Financial Services Minister Matt Thistlethwaite told Professional Planner’s Risk Advice Summit in Sydney on Tuesday.