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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 ...
Life/Risk
A decision by the Reserve Bank of New Zealand has left the sale of AMP Life in disarray....
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...
People & Products
KPMG has appointed Pauline Blight-Johnston as life insurance sector lead partner in its actuarial and financial risk practice....
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...
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...
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...
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....
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....
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...
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....
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 ...
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 ...
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...
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
Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
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....