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LIFE INSURANCE
Financial planning
ClearView’s advisers were found to have failed in giving a ‘needs analysis’ to life insurance clients, according to the corporate watchdog....
Financial planning
Insurance firms should be prevented from pressuring people to buy products over the phone, according to the Financial Services Council. ...
Financial planning
The Financial Services Council has thrown its support behind extending Unfair Contract Terms regime to life insurance....
Financial planning
Advisers have an opportunity to educate New Zealanders that life insurance is vital, according to the Financial Services Council of New Zealand....
Financial planning
Financial advisers should not be inadvertently caught up in the Australian Securities and Investments Commission’s tough new life/risk anti-hawking approach just because ...
Financial planning
Following a remediation program Suncorp has compensated 4,000 GuardianFP clients....
Life/Risk
The latest Australian Prudential Regulation Authority life insurance data has revealed a negative picture of profitability being badly undermined by disability products....
Superannuation
Senator Jane Hume has hit out on super funds that impose unnecessary insurance on young members....
Superannuation
New research has confirmed that without a vigorous member communications campaign by superannuation funds and life insurers, more than half of Australians might have been...
Expert Analysis
With many individuals unknowingly finding themselves without life insurance as a result of low super balances, Col Fullagar outlines whether the conduct of insurers has i...
Financial planning
Will changes to default superannuation arrangements combine with changes to income streams serve to squeeze many advisers out of the superannuation market?...
Life/Risk
Life/risk advisers face taking account of a new factor – the reality that Government changes to bring insurance under the Unfair Contracts Terms regime will expose life i...
Policy & Regulation
Life insurance specialist TAL has added additional Risk Academy Financial Adviser Standards and Ethics Authority (FASEA) Exam Masterclasses, to keep up with adviser deman...
Superannuation
The NSW Police Force has pointed out to the Federal Government that its proposed changes to insurance inside superannuation risks damaging the insurance arrangements prot...
Life/Risk
Serious questions have been raised about whether the Government even understood the existence of hundreds of thousands of ‘risk-only’ superannuation fund members when it ...
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...