Advisers cheerfully criticise the work of other advisers, but if they are all right then everyone in the adviser business is doing it wrong, and no-one can be trusted. That cannot literally be true. If that is the feeling consumers get then it will undermine a valuable common commodity which we all share: public trust in the idea of getting advice.
Most advisers are happy to tell you stories of dreadful advice. Sometimes it actually is dreadful, but some isn’t, and some is merely incomplete or insufficient.
In fact often you can hear an adviser describe the work of another adviser by saying “It’s criminal” that they did such and such…I know it is just a figure of speech, but the feeling behind it suggests that, well, the adviser genuinely believes that it is criminal...MORE»
Friday, February 28th, 11:48AM
Partners Life is looking to shake up the market again with two very new life insurance products.MORE»
Friday, February 28th, 10:04AM
IRESS has released an integrated business insurance tool in its XPLAN advice platform.MORE»
Health insurer nib has responded to criticism over the policies it is offering in tandem with Fidelity Life.MORE»
A new partnership deal between two major insurers will allow advisers to bundle health and life insurance policies from each into one application.MORE»
Fidelity Life and nib have formed a partnership that will enable advisers to cross-sell and bundle their market-leading life, risk and health products.MORE»
Asteron chief executive David Carter is returning to Australia and his role is been taken by an internal appointment.MORE»
Advisers should regularly prune their client bases and focus on the high value ones.MORE»