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INSURANCE
Life/Risk
The Australian Workers Union has alleged ulterior motives in a Financial Services Council call to allow the big life insurers to get injured workers back to work sooner....
Life/Risk
MLC Life has added a superannuation fund-focused mental health product to its armoury....
Life/Risk
The Australian Prudential Regulation Authority has suggested there is scope for allowing life insurers to assist in getting workers back to work sooner....
Life/Risk
Nearly a quarter of income protection claims involve mental health conditions, according to ANZ claims data....
Life/Risk
Plaintiff law firm Maurice Blackburn has accused the major life insurers of having ulterior motives for wanting to rehabilitate workers and get them back to work sooner....
Superannuation
The Government has received a negative financial services industry response to its move to make insurance inside superannuation “opt-in” for those aged under 25 and those...
Life/Risk
ClearView has welcomed changes in last night’s Budget to make group insurance opt-in for workers under 25, calling for the policy to be extended to all superannuation mem...
Expert Analysis
Nathan Walker writes that while the need to consolidate superannuation is well-publicised, advisers need to pay more attention to consolidating clients’ insurance schemes...
Financial planning
The Association of Financial Advisers has lashed the Parliamentary Joint Committee report into life insurance arguing it is a rehash which falls short of its objectives....
Life/Risk
Plaintiff law firm Maurice Blackburn has named AIA, CommInsure and TAL as code ‘culprits’ in its submission to the Royal Commission....
People & Products
The former MLC head of group insurance product and strategy will be responsible for developing products complementing the insurance giant’s member-focused initiatives....
Life/Risk
Many Australians deem their house more important than their health, according to the survey by AIA Australia....
Life/Risk
A key Parliamentary Committee has urged strong scrutiny of past and present insurance Approved Product Lists and move to fully open APLs....
Superannuation
Superannuation and insurance law firm Berrill and Watson has said that the Parliamentary Joint Committee into Superannuation’s report should have lifted the exemption of ...
Features
Mike Taylor writes that the texture of the Australian life insurance industry has fundamentally changed with all but one of the major banks having exited the sector....
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MARKET INSIGHTS
Podcast
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....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...