Total and permanent disability products are next on the list for insurers to look at to ensure they do not become unsustainable like income protection....
The life insurance industry’s losses have stemmed mostly from unsustainable income protection products, Jassmyn Goh writes, but will the new products help end bad habits?...
Risk advisers need to ensure their clients know that level premiums are not a guarantee and what to expect when their first-year discounts expire, according to life insur...
The life insurer is offering two long-term options to provide benefits to age 65 and a short-term option to over one, two, or five year periods. ...
The industry needs to work together to move clients in closed income protection insurance products to more sustainable products and to manage the inforce book, according ...
The life insurer supports the Government’s plan announced in the Budget to develop a streamlined mechanism to transfer life insurance customers from old legacy products t...
From the implementation of the FASEA regime through to the recommendations of the Royal Commission, Mike Taylor writes, a lot had changed before the Australian Securities...
Fixed term level premiums will give more certainty for clients and will become the norm in the future but there has not been a proper level premium for a fixed term produ...
Mike Taylor writes that less than 12 months out from the Australian Securities and Investments Commission’s review of the Life Insurance Framework, the Australian life in...
Amid suggestions by the Australian Financial Complaints Authority that the Activities of Daily Living regime is “very tough”, the major insurers have flagged key changes ...
TAL has reasserted its market dominance within the group insurance sector, with LGIAsuper announcing the company would take over its insurance mandate just weeks after Re...
TAL has moved to consolidate its retail offering following its acquisition of Suncorp’s Asteron business and will take Asteron Retail off-sale from 1 July and trim staff ...
TAL Dai-Chi Life Australia has finally finished its acquisition of Suncorp’s Australian life insurance business, announcing this afternoon that the process was complete....
Life insurer, TAL, has announced a partnership with Orygen, a national organisation focusing on mental-ill health in young people....
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....