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Adviser stress levels 'significantly increased' since Royal Commission & legislation

EXCLUSIVE: The findings of a recent survey looking at the mental and emotional wellbeing of Australian financial advisers has been released. The stress levels of financial advisers in Australia has ....

Neil Griffiths , Steve Prendeville , Royal Commission , Suicide Call Back Service , Artemis Investments , Philippa Hunt , Forte Asset Management , Insurance Framework , Call Back Service ,

NY's Cyber Guidance Could Boost Risk Management for Insurers, Insureds Across U.S.


NY’s Cyber Guidance Could Boost Risk Management for Insurers, Insureds Across U.S.
By Yakir Golan and Visesh Gosrani | April 5, 2021
The Cyber Insurance Risk Framework, launched recently by the New York State Department of Financial Services, is a positive step for both insurers and insureds because it calls on insurers to consider more explicitly how they measure their cyber risk exposures, thereby ensuring appropriate focus on quantification methods to rate insureds and also to manage accumulation of systemic risks, which can be significant.
For insureds, on the other hand, the guidance encourages a framework that rewards them for improving their cyber risk posture. This also acts as another source of feedback insureds can act upon by using the education provided from insurers in an number of areas, including the value of cyber-security measures, to reduce the risk of the insureds suffering from cyber events that might result in ....

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Ex-NSW premier joins insurer MetLife ahead of commissions fight


Ex-NSW premier joins insurer MetLife ahead of commissions fight
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US-based insurance group MetLife has recruited former NSW premier Nathan Rees from the Finance Sector Union to run government and regulator relations for its Australian outpost.
The former Labor leader and union boss, who served as the state’s premier from September 2008 to December 2009, has joined MetLife Australia as head of external affairs and public policy after a three-year stint as the FSU’s national assistant secretary.
As Finance Sector Union deputy, Nathan Rees recruited self-employed financial advisers.  
Elke Meitzel
The appointment comes as the life insurance industry is preparing for yet another regulatory review of commission payments made to financial advisers for selling insurance products. ....

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