AMP has boosted its Life Insurance Framework (LIF) resource hub with the launch of a new video tutorial series and practice diagnostic tool to assist advisers in assessing and managing their LIF readiness.

The video tutorial series, developed in conjunction with independent advice expert Sue Viskovic, features eight tutorials focused on practice management and aims to help advisers work through considerations from pricing and revenue models, to target market and value propositions.

The new diagnostic tool, which is now available to EFA's, follows the release of an aligned adviser version, and helps advisers uncover areas of their business that may need attention.

It also provides an action plan to prepare their practice.

AMP's Director Insurance Proposition Greg Johnson said advisers are managing through a period of significant change and they've worked hard to identify how their businesses will be impacted by the legislation taking effect from 1 January 2018.

"The enhancements to the LIF hub will provide advisers with further tools and support to help them get across the line in transitioning their business into the new environment," Mr Johnson said.

Enhancements to the LIF resource hub follow a range of LIF readiness activities, with licensee support including webinar training, master classes and specialist training for practice staff.

AMP LIF Resource Hub: https://www.amplife.com.au/advisersupport/lif