Product, Company and Regulatory Updates as at 15 May 2018
/Zurich offers lifestyle program, updates Active product range and definitions
NAB to leave advice sector, divests wealth operations
ANZ to increase share buy-back, cuts sales incentives for advisors
CBA finds no evidence of compromised customer information
Mackellar’s AFS licence cancelled by ASIC
New International paraplanning standard launched in the UK
Recommendations submitted to the Royal Commission by ASIC and FPA
Class actions filed against AMP
Group life insurance offered as opt-in after Federal Budget