Suncorp shuts risk advice businesses, impacts 170 planner jobs
Suncorp Life is shutting the doors to its Guardian Advice and Suncorp Financial Planning businesses.
Suncorp Life is shutting the doors to its Guardian Advice and Suncorp Financial Planning businesses.
For consumers, a life insurance policy with a trusted provider is the difference between recovery or terrible upheaval.
Radical changes to how much advisers can receive in life insurance commissions are unlikely to make customer premiums any cheaper, experts say.
The life insurance sector is facing issues in every direction.
Conflicted remuneration in the life insurance industry is on its last legs thanks to a reform plan that aims to put the interests of consumers ahead of financial advisers.
Australia's financial advice industry is rigged with hazardous remuneration structures that fuel a sales culture among planners - perpetuating distrust among consumers burnt by dodgy advice.
An auction of MLC's life arm is slated to begin in the next three months, with JPMorgan expected to head the process which could fetch about $2 billion for the division.
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