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LIFE INSURANCE
People & Products
An independent adviser survey has seen advisers give OnePath’s life insurance underwriting engine an ‘excellent’ rating. ...
Life/Risk
AMP Life has told advisers it will no longer be accepting applications from customers into a standalone version of AMP Elevate from 31 January, next year, in the wake of ...
Financial planning
Centrepoint Alliance has signalled a strong move away from product development and towards advice servicing, ending its investment in NEOS Life....
Life/Risk
The Bank of Queensland has terminated the sale of its St Andrews’ Insurance to Freedom....
Life/Risk
Just over 60 per cent of Australians are against subsidising life insurance premiums for people who are at higher risk of future illness based on adverse genetic test res...
Life/Risk
A new survey has confirmed what most life/risk advisers already know, that clients dislike insurers which bury them in paperwork and inflict sizeable premium increases....
Life/Risk
Freedom Insurance Group has declared it will not be recommencing sales of life products as it deals with commissions-related liquidity issues and the reality of a client ...
Funds management
The Australian Securities Exchange has failed to protect the rights of investors, according to fund manager Allan Gray....
Financial planning
NEOS Life has appointed financial technology and infrastructure company, Sargon, as the new trustee of its Super Plan....
Life/Risk
Life risk industry veteran, Michael Molesworth, has warned that underwriters and claims assessors need to be subject to more stringent education requirements or risk comm...
Life/Risk
APRA figures have shown an 11.5 per cent year-on-year rise in the Australian life insurance industry’s net policy revenue to $17.9 billion in the September 2018 quarter....
Expert Analysis
Delays, both unreasonable and not, are entrenched deeply in the insurance claims process. Col Fullagar outlines why these delays occur and the deep damage they can cause ...
People & Products
OnePath has won the over Association of Financial Advisers (AFA) and the Beddoes Institute 2018 Consumer Choice Award, with ClearView coming in second place....
Financial planning
While annual reviews with financial advisers are the key to client and business success, only half of advisers are actually conducting them....
Life/Risk
Shifting community standards and expectations are driving eight new trends in life insurance which may cost policyholders over $1 billion, according to a new report....
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MARKET INSIGHTS
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...