Suncorp-aligned dealer group Guardian Advice has announced it will reward its most “professional sustainable” advisers with “lower professional insurance premiums”.
In a statement released today, Suncorp head of dealerships Simon Harris announced the licensee is embarking on a program to recognise advisers whose businesses are “built on providing professional sustainable advice”.
The dealer group will be offering incentives to advisers that fit this description including “lower professional indemnity insurance premiums”, “recognition by their industry peers and Guardian Advice and Suncorp Financial Planning colleagues” and “an accreditation certifying their professionalism and commitment to sustainable quality advice”.
Mr Harris said the move aims to overturn the “out-dated paradigm” of rogue advisers, which he says have been an unrepresentative focus of “industry attention”.
“We need to…recognise the many business-owners that run professional growth-focused practices,” he said.
More to come.
SUBSCRIBE TO THE IFA DAILY BULLETIN
News
- 19 Sep 2018Linchpin funded advice business in liquidationBy James Mitchell
- 19 Sep 2018McMaster: Where was ASIC on Beacon, CBA and AMP?By James Mitchell
- 18 Sep 2018Peter Kell resigns as deputy chair of ASICBy Eliot Hastie
- 18 Sep 2018Two former Macquarie advisers given 10-year banBy Adrian Flores
- 19 Sep 2018Raiz addresses Millennial advice gap with chatbotBy Reporter
- 18 Sep 2018FASEA a ‘disaster’ destroying the industry: AIOFPBy James Mitchell
- view all
