From 1 October 2021 we will see further dramatic changes to income protection policies forced by the Australian Prudential Regulation Authority (APRA), the regulatory body, which is concerned about the…
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Our income protection policy holders would be well aware of the substantial increases being applied to premiums, regardless of your insurer. As we have discussed previously, it is a type…
After eight weeks of all the team work remotely, FB Wealth Management will be making a slow transition back into the office from Tuesday 26 May. Whilst initially staff numbers…
In response to COVID-19 and instructions outlined by the Australian Government, we wanted to let you know that our FB Wealth Management team are now all working remotely. It has…
The Australian Prudential Regulation Authority (APRA) has launched an intervention into the life insurance market in response to ongoing heavy losses in respect of individual disability income insurance (DII). APRA…
Unfortunately, we write this article all too often, advising clients that life insurance premium increases are once again on the horizon. When we think of Life Insurance companies, we generally…
Putting Members’ Interests First (PMIF) law was passed in September 2019 and is likely to affect the children of our clients, and perhaps even a few clients who hold insurance…
As many of you know, Qian and her husband Larry had their first baby in 2019 – a beautiful little girl named Clara. After a period of maternity leave, Qian…
Commencing 1 July 2019, as a result of Government legislation, clients with insurance in superannuation accounts will have their insurance cancelled in the following circumstances: The account hasn’t received a…
The first phase of the “Protecting Your Super” legislation comes into effect on 1 July 2019. These reforms are designed to protect Australians’ retirement savings by ensuring their super isn’t…
