Overview – Tuesday – September 24

8:30am – 9:00am

REGISTRATION

9:00am – 9:20am

WELCOME

9:20am – 9:35am

2021 AND BEYOND – RISK ADVICE AND THE FUTURE

Former Parliamentary Secretary to the Treasurer the Hon. Bernie Ripoll draws on the historical context to paint a picture of risk advice today and where the industry is heading against the backdrop of consumer, political and regulator expectations.

Hon. Bernie Ripoll

Former Australian Labor Party MP

9:35am – 10:05am

BEHIND THE POST-HAYNE POLICY AGENDA

Within this political cycle, government will implement changes to rules that could have major impacts in the way risk advice is delivered and potential outcomes for consumers. This Q&A aims to chart the path from recommendation to policy decisions and the role industry can play.

Pamela Hanrahan

Professor of commercial law and regulation, UNSW

Michael Vrisakis

Partner, Herbert Smith Freehills

Chair

Hon. Bernie Ripoll

Former Australian Labor Party MP

10:05am – 10:55am

WHAT WE CAN LEARN FROM OTHER COUNTRIES

Experts with experience in countries where there have been major policy changes discuss how the advice landscape has been altered. Special focus is given to jurisdictions where recent and impending changes have or are expected to lead to unintended consequences for financial services businesses, including The Netherlands, United Kingdom, Singapore, Germany and New Zealand.

Stephen Collins

Partner, NMG Consulting (North America)

Peter Hamilton

Head of retail propositions, Zurich UK

Pamela Hanrahan

Professor of commercial law and regulation, UNSW

Chair

Colin Tate

Chief executive, Conexus Financial

10:55am – 11:20am

MORNING TEA

11:20am – 11:40am

Q&A WITH THE SHADOW MINISTER

Shadow assistant minister for financial services the Hon. Matt Thistlethwaite MP puts forward the opposition position and answers some questions about the party’s views on policy priorities in light of Hayne’s royal commission recommendations.

Hon. Matt Thistlethwaite MP

Shadow assistant minister for financial services, Australian Labor Party

Chair

Hon. Bernie Ripoll

Former Australian Labor Party MP

11:40am – 12:30pm

TOWARDS A POLICY OUTCOME

Regulators and representative bodies come together to discuss the post Hayne world, consumer expectations and implications of a post-LIF review.

Joanna Bird

Executive director – wealth management, ASIC

Dante De Gori

Chief executive, FPA

Phil Kewin

chief executive, AFA

Chair

Sally Loane

Chief executive, FSC

12:30pm – 1:20pm

LUNCH

1:20pm – 2:15pm

UNDER THE HOOD: WHAT THE DATA IS TELLING US

Risk insurance is rich in data. Leading specialist consultants reveal new findings from recent quantitative and qualitative studies as well as pick over publicly available statistics relating to risk insurance outcomes.

Ashwin Field

Partner, NMG Consulting

Andrew Inwood

Managing partner, CoreData

Chair

Kristine Brooks

Chief distribution officer, Zurich Life Risk & Investments

2:15pm – 3:00pm

INSIDE THE MODERN RISK PRACTICE AND THE CONSUMER LENS

Three risk-specialist advisers spanning different advice models open up about their businesses and how they are structured for client outcomes.

Jessica Brady

Co-founder/financial adviser, Fox & Hare

Daniel Brown

Chief executive and senior financial planner, Newcastle Financial Planning

Kris Mason

Partner, MBS Insurance

Chair

Marisa Broome

Chair, Financial Planning Association

3:00pm – 3:20pm

Q&A WITH THE MINISTER FOR FINANCE

The current minister puts forward the government position and answers some questions relating to the Liberal Party’s views on policy priorities in light of the Hayne royal commission recommendations.

Chair

Hon. Bernie Ripoll

Former Australian Labor Party MP

3:20pm – 3:50pm

SIDE BY SIDE – CLIENT AND RISK ADVISER OUTCOMES CASE STUDY

An adviser, side-by-side a client, shares an in-depth policy outcome in a Q&A moderated-style session, drawing on research to highlight broader industry relevance.

Carla Conroy

Project Manager

Darren Cheek

Risk Adviser at ODV Accountants and Financial Services

Chair

Pina Sciarrone

Chief retail insurance officer, AIA Australia

3:50pm – 4:30pm

THE FUTURE OF RISK ADVICE

Leaders of the country’s largest life insurance companies come together to discuss the future of risk advice; how business structures need to adapt and evolve to create strong outcomes for Australians as well as meet standards set by government and regulators.

Tim Bailey

Chief executive, Zurich Australia

Damien Mu

Chief executive, AIA Australia & New Zealand

Simon Swanson

Managing Director at ClearView Wealth Limited

Chair

Colin Tate

Chief executive, Conexus Financial

4:30pm

CONFERENCE CLOSE