Challenger is expecting its 2022 financial year net profit before tax to hit the upper end of the $430 million to $480 million guidance range, following life sales jumpin...
Risk specialist advisers will have a tough time growing new business as the life insurance market continues to shrink and the cost of advice continues to rise....
The Federal Opposition says it is willing to listen and be convinced about life insurance and commissions....
Challenger’s group assets under management rose by 13% in the first half of the 2021 financial year, with the company declaring a dividend of 9.5 cents per share....
In yet another sign of the challenging times confronting the life insurance industry in Australia, Hannover Life Re has announced it is exiting the direct group market to...
The industry has an opportunity to reduce the cost of advice and to make the process more efficient and profitable for life/risk advisers, according to MLC....
The fintech firm has launched a new online product comparison tool to help advisers compare the fees and features of over 1,000 superannuation, pension and investment fun...
Disability insurance is continuing to significantly drag on the bottom lines of the major insurers despite goodwill “discrete goodwill write-offs”...
Life/risk insurer, ClearView has announced new premium pricing in the face of claims experience and the economic environment....
The Financial Services Council wants to extend its insurance code of conduct to “all life insurance distributors”....
The Australian Securities and Investments Commission has signalled it will not be pressing to ban life/risk commissions at least until after it has reviewed the effective...
MetLife has secured the insurance mandate of Tasplan, following a tender process which will see the insurer deliver group life offerings to the fund’s 145,000 members....
Life/risk insurers have been placed on notice that the Royal Commission may recommend measures to hold them responsible for psychiatric injury inflicted on clients by cla...
Direct life insurance is barely worth the paper it is written on, according to the chairman of life/risk-focused dealer group Synchron, Michael Harrison....
TAL, CommInsure, AMP and ClearView have been named to front the next round of hearings of the Royal Commission into Misconduct in the Banking, Superannuation and Financia...
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...