Show Notes
Most advisers aren’t short on CPD. They’re just not capturing what’s already happening.
We’ve all seen the cycle. End of year hits, Kaplan gets opened, and hours get ticked off quickly just to get it done. The requirement gets met, but it rarely reflects how advisors are actually improving day to day. Meanwhile, the real development is happening in team discussions, client strategy conversations, and solving real problems that never get counted.
We’ve shifted how we track CPD because the traditional approach misses where the value actually sits. If you’re running a business, working through client outcomes, and sharpening how advice is delivered, that is the development. Recording it properly just brings alignment between what you’re already doing and what gets recognised.
👉 Join the My Risk Adviser Facebook community for Australian advisers: https://www.facebook.com/groups/myriskadviser/
The advice shared on My Risk Adviser is general in nature and does not consider your individual circumstances. My Risk Adviser exists purely for educational purposes and should not be relied upon to make a financial decision. Hosted on Acast. See acast.com/privacy for more information.
More from My Risk Adviser
19 years in advice, three business names, one industry that never really lets go of him. Matt Page from Sprout Financial Services sat down with us straight off the plane from Melbourne and we went deep into the stuff advisers actually talk about when the cameras aren't rolling. ACC and how it quietly reshapes every income protection conversation in New Zealand. KiwiSaver versus super, and why one system lets cash-poor young families insure themselves and the other doesn't.
Zurich has knocked back TPD claims from three AFL players whose careers were ended by concussion, and the footy media is up in arms about it. We get why it looks bad. But these policies pay out on an activities of daily living definition, and it's hard to argue you can't read, write or communicate while you're studying an MBA at Oxford. Trent and Phil talk through what actually happened. The three TPD definitions and why AFL players only ever get the strictest one. Who set these policies up in the first place and why the premiums for anything better would be eye-watering. Zurich pulling concussion cover altogether from 1 May. The AFL's own $54 million injury fund. And James Brayshaw's claim that Zurich makes $10 billion in profit, which is out by quite a lot.
Every week, Phil and Trent dig into the My Risk Adviser Facebook group to pull out the most interesting questions and debates from real risk advisers dealing with real problems.
Zurich’s pricing changes are being framed as aggressive, but from an actuarial lens, they’re a response to worsening pool dynamics. Duration-based discounting pulls forward profitability, while lapse-supported pricing assumptions break down when persistency improves among higher-risk cohorts. The result is predictable. Loss ratios expand and repricing follows.
The insurance industry's worst-kept secret is finally out. Clearview has been sold to Zurich for $415 million. In this episode, Trent and Phil break down the deal, what it means for existing policyholders, and speculate on what Zurich might do with the Clearview brand next. But before the speculation, they take a walk through the history of every major Australian life insurer acquisition over the last decade. AMP, BT, CommInsure, OnePath, Integrity... what actually happened after each one? They also get into whether market consolidation is good or bad for advisors and clients, and what Swiss Re's recent moves mean for the reinsurer market. All opinions are general in nature and do not constitute financial advice.