LIFE INSURANCE

Superannuation

The commencement date for switching off insurance inside super for low balance accounts should be deferred to 1 October, this year, according to a leading superannuation ...

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Life/Risk

A decision by the Reserve Bank of New Zealand has left the sale of AMP Life in disarray....

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Life/Risk

Freedom Insurance Group has announced a belated $33.4 million loss to the Australian Securities Exchange while confirming the exit of its chief executive and the involvem...

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People & Products

KPMG has appointed Pauline Blight-Johnston as life insurance sector lead partner in its actuarial and financial risk practice....

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Superannuation

As 1 July quickly approaches, consumer interest groups are campaigning hard to remind super fund members with inactive accounts that this is their last week to preserve t...

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Life/Risk

The Financial Planning Association has given its backing to the standardisation of terms and definitions with respect to insurance with MySuper products but has caused ag...

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Life/Risk

The Australian Prudential Regulation Authority’s latest Life Insurance Institution-level statistics publication has managed to paint a picture of the industry as it was u...

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Policy & Regulation

Zurich has joined other insurers trying to capitalise on the current wellness trend by launching a health-tracking app that it hopes one third of new clients will use....

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Financial planning

More work needs to be done on commission-based adviser remuneration in Australia because the research signals are mixed, according to wealthdigital’s Rod Lavery....

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Life/Risk

The financial planning industry’s two major member associations have confirmed that they will be taking a joint approach to the regulator’s life insurance review, with re...

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Financial planning

Superannuation fund members are being encouraged to use the 1 July, 2019 Protecting Your Super deadline as an opportunity to check the performance of their fund....

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Financial planning

SMSF members who deliberately hold an APRA-regulated fund for life insurance are at risk of losing this benefit if they fail to act before legislation comes into play in ...

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Life/Risk

A new whitepaper developed by ClearView is arguing that policy-makers have railed to understand life/risks commissions and the significant risks associated with removing ...

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Life/Risk

Super funds could face legal problems once group insurance for inactive accounts is switched off on 1 July, as members who were unaware they were losing their cover may s...

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Life/Risk

Australians are at risk of losing their life insurance cover when superannuation changes come into effect in July, as AIA Australia, Commonwealth Superannuation Corporati...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

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The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

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ASIC has released the percentage of candidates who passed its August financial advice exam with the volume dropping to the lowest since November 2022....

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