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Metlife appoints Damien Green as interim Australian CEO following looming departure of Lieberman. ...
Financial planning
Metlife appoints Damien Green as interim Australian CEO following looming departure of Marc Lieberman. ...
Funds management
NAB Wealth has reported a mixed result for the year ending 30 September, mostly due to the challenging life insurance industry conditions....
Life/Risk
CommInsure’s Tim Browne says the company had stopped using the word ‘churn’ because it doesn’t accurately represent the underlying issue, which is policy design....
Life/Risk
Choosi’s parent company Hollard Financial Services has agreed to change the way it promotes funeral insurance under the Real Insurance brand, as a result of concerns rais...
Life/Risk
APRA member Ian Laughlin lays it on the line on the insurer failures which have led to hefty premium rises for super fund members....
Life/Risk
APRA buys into lapse/churn debate but points to particular problems with respect to directly-marketed products....
Financial planning
American International Group Australia (AIG) has launched what it is promoting as the world's first "Evergreen" management insurance policy, titled Gold Complete....
Life/Risk
Life insurance claim payments have jumped by 10.7 per cent over the last 12 months, breaking through $4 billion in claim payments, according to new figures released by th...
Financial planning
Small businesses in the finance and insurance industry were the most likely to report a rise in revenue for the last year, according to a survey conducted by accountancy ...
Life/Risk
APRA wants to remove the confidentiality status of data collected from Australia’s major insurers....
Life/Risk
We can buy everything online – clothes, shoes, cars, holidays – so it is only natural that the direct life insurance channel is becoming part of the online tsunami. How t...
Life/Risk
In the ongoing debate about risk insurance fees versus commission, it’s time to think about the financial adviser's value proposition, writes Col Fullagar. ...
Financial planning
The Financial Services Council (FSC) is set to seek class order relief from provisions in the Trade Practices Act in order to implement its anti-churning policy, accordin...
Financial planning
BlackRock analysis points to a need for investors to review fixed interest allocations in a low-rate environment....
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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....