INSURANCE INDUSTRY

Financial planning

A former Wilson Dilworth senior financial planner who claims he was unfairly dismissed by the Perpetual Trustees-owned dealer group has had a damages claim thrown out by ...

Life/Risk

Former Australian Securities and Investments Commission chairman David Knott has been recruited by the Insurance Council of Australia to assess public submissions on the ...

Financial planning

From write-downs to shedding staff, it has been a tough couple of years for Tower, but as Ross Kelly reports, things are looking up....

Financial planning

The Australian insurance industry is enjoying a ‘purple patch’ in what ratings house Standard and Poors is deeming an improved operating environment this year, according ...

Financial planning

The Australian Securities and Investments Commission (ASIC), the Australian Prudential Regulatory Authority (APRA) and the Australian Tax Office (ATO) will walk away from...

Financial planning

The number of complaint schemes operating in the industry is set to shrink. John Wilkinson reports from the inaugural Financial Industry Complaints Service (FICS) confere...

Financial planning

The ongoing legacy of the HIH Insurance collapse in Australia is the cost and availability of professional indemnity insurance. Mike Taylor reports....

Financial planning

Australians are chronically underinsured – which should present great opportunities for advisers. Mike Taylor reports....

Life/Risk

The Australian insurance industry must focus on product manufacture and marketing as too many people are both uninsured and under-insured, according to AXA’s financial pr...

Life/Risk

The long term profit outlook for the life insurance market will remain poor for the immediate future as it remains linked to the low performance of equity markets and sad...

Financial planning

The Joint Parliamentary Committee inquiry into commissions on risk products has veered away from recommending mandatory disclosure rules for risk advisers, warning that t...

Financial planning

The Financial Planning Association (FPA) has criticised the Australian Competition and Consumer Commission’s (ACCC) Public Liability and Professional Indemnity Insurance ...

Financial planning

The insurance industry’s high professional indemnity (PI) premium levels are here to stay, with an estimate of at least 12 months before insurance companies are able to l...

Financial planning

Lumley Life has taken line honours in the inaugural Money Management/Dexx&r Adviser Choice Risk Awards....

Financial planning

The Financial Planning Association (FPA) will consider backing a proposal to set up a national scheme, possibly funded by an industry levy, to compensate investors for lo...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 2 weeks ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 days 16 hours ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

4 weeks 1 day ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

1 week ago