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AAMC Training Group

AAMC offers you solutions based training and consulting options. Many Banks, Finance Brokers, Financial Planners, Dealer Groups, Accountants, Real Estate Agents and Insurance Brokers entrust AAMC to train their people with courses available for the whole of the financial services industry. Our consulting services are also popular for those wanting advice on how to improve their business and meet the ever changing regulatory environment. Contact AAMC Training Group today to discuss your current and future needs.

Customer-friendly life policies see more renewals

Updated: September 25, 2016 22:39 IST | Radhika Merwin

Regulatory changes in 2010 rocked the boat for most life insurers, but the new rules appear to be working in their favour now.

More and more policyholders are now renewing their policies rather than letting them lapse, a trend that was rampant

Explaining remuneration could help banks with culture

 

by Matthew Smith | 29 Sep 2016
Banks need to be able to explain the differences in remuneration between their own business units internally to start making progress on culture, says David Murray, author of the government’s Financial System Inquiry and former Commonwealth Bank chief executive.

Murray has been vocal in

So if customers understand they may buy more

23 Sep 2016
By Daniel Paperny
Technological developments among Australia’s major banking incumbents have been dominated by digital innovation in payments and transactions, rather than advisory benefits for the end customer, and a shift in focus could be pivotal for the banks’ quest to remain relevant, according to Ernst & Young

ASIC recommendations ‘should cover all high-risk products’

ANNIE KANE – Friday, 16 September 2016

The recent recommendations made by the Australian Securities & Investments Commission (ASIC) regarding how brokers handle interest-only loans should be applied across all styles of high-risk products, according to the Finance Brokers Association of Australia (FBAA).
On Wednesday, ASIC released a report on its

Revised Pension Assets Test limits from 1 January 2017

The long awaited confirmation of the assets test cut-out amounts that will apply from 1 January 2017 for Government Income Support pensions have been released and are slightly lower than previously reported by the Department (see below).

Eligibility for the Age Pension will cut out for a single home-owner when

Government announces changes to super

Thursday 15 September 2016

Today the Government announced significant changes to the proposed superannuation reforms, providing clarity and certainty for financial planners and clients around Superannuation.

The news that the retrospective $500,000 lifetime non-concessional cap has been removed is something the FPA has been actively advocating for on behalf of members

Boards need guts to engage with Asia

The Australian12:00AM September 14, 2016
ROWAN CALLICK
China CorrespondentBeijing

Mike Smith, the former ANZ chief executive, is returning to a high-profile role championing greater engagement in Asia by Australian business, as senior adviser for the Asia Practice of PwC.

He told The Australian yesterday that “it takes a lot of guts” to engage

New property tax puts home buyers at risk

Australian home buyers are at risk of losing money on settlement, because of the new national property withholding tax regime that came into effect last July 1.

The new property tax can have an impact on sellers, buyers, and advisors who have real estate transactions valued at $2 million or

New Credit Card Surcharge Laws – Let us help you get up to speed

There are new laws in place around Credit Card Surcharges and our newest CPD course has all you need to know about how it could affect you and your business.

The days of getting slugged with an additional and disproportionate fee for credit card transactions in Australia are over, with

Working smarter not harder- How many times have you heard that?

I wish I had a dollar for the amount of times I have heard people say I am working 50 to 60 hours a week and do not know what else I need to do to make things happen, or I am working 50 to 60 hours a week

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