
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.
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.
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.
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.
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