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Backfire effect

Risk adviser exits hitting life companies’ bottom lines

Mike Taylor 12 January 2022

The changes wrought by the Life Insurance Framework together with the Financial Adviser Standards and Ethics Authority (FASEA) regime are amongst the reasons life/risk advisers have been leaving the industry with resultant impacts on life insurance company bottom lines.

The latest data from specialist life insurance research house, Dexx&r has…

New appointment

Foresters Financial appoints new CEO

Yasmine Masi 10 January 2022

Member-owned financial services company, Foresters Financial, has announced the appointment of Emma Sakellaris as Chief Executive Officer to lead the company’s growth in the Australian market.

Sakellaris joins Foresters Financial from Rural Aid, where she was Director of Philanthropy and Development. Her previous roles include Executive General Manager at Australian…



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