Insurance firm TAL has released a training course designed to assist advisers ready themselves for LIF reforms.
The new course is intended to provide “a clear overview of the LIF legislation” and assist advisers in identifying education pathways they could consider moving forward, TAL said in a release.
The group’s general manager of retail distribution Niall McConville said the life insurance industry was facing “significant change” and that TAL aimed to support its advisers in providing the best outcomes for clients through this new Risk Academy course.
“Attendance and feedback from our Risk Academy course indicate that some advisers are still uncertain about the LIF timeline and are seeking guidance on how to adjust their business processes and academic credentials to make the LIF transition easier,” he said.
“Over 200 advisers have attended the course so far, with the majority citing that the clarification of the LIF Reform package timeframes was the highlight.”
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