Distribution Channels

MinterEllison has been the trusted adviser of insurers and intermediaries for many years, advising on the establishment and regulation of insurance distribution channels though licensee, authorised representative, distributor and group policy models.

We also advise on disclosure requirements, promotional and training material, dealing with industry regulators and financial services licensing issues. We have acted on acquisitions and disposals of distribution businesses.

28 May 2012

The Australian Government has released draft regulations under the yet-to-be-passed Future of Financial Advice (FOFA) legislation. The regulations have been released in two tranches, and cover:

  • excluding new clients and new products from grandfathering
  • soft dollar benefits
  • excluding product fees from opt-in.

18 May 2012

The report by Mr Richard St John into compensation arrangements for consumers of financial services, released on 8 May 2012, has recommended the consideration of key reforms which could have a significant impact on the financial sector. We analyse the report and discuss its key recommendations and their implications for licensees, product issuers and consumers.