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LIFE INSURANCE
Life/Risk
TAL has offered refunds totalling $900,000 to 1,200 funeral insurance customers after reporting to the Australian Securities and Investments Commission that it failed to ...
People & Products
MetLife has appointed Casey Sugden and Charlé Howard to key positions in its retail sales team, as it prepares for the launch of its retail life insurance offering....
People & Products
ANZ Wealth has introduced new initiatives to its OnePath solution in a bid to adjust as the life insurance sector faces challenges....
Life/Risk
Suncorp Group has confirmed its continuing consideration of options for its life insurance business, including possible partnerships or sale....
Life/Risk
The Financial Services Council has confirmed to a Parliamentary Committee that it wants life insurers to have the right to unilaterally amend policies provided it does no...
Life/Risk
The penalties applied to ClearView yesterday are proof of a wider issue of aggressive sales tactics within the insurance industry, according to Maurice Blackburn Lawyers....
Life/Risk
New survey data has confirmed that the online sales of life/risk insurance have been increasing exponentially – up 108 per cent over the past five years....
Life/Risk
AIA has urged the Government to consider legislative change that would allow life insurance companies to provide early rehabilitation and medical expenses....
Policy & Regulation
Money Management has confirmed that a number of the major life insurers received letters for the Royal Commission into alleged misconduct in Australia’s banking superannu...
Life/Risk
Integrity Group has acquired QBE Life in a transaction valued at $21.7 million with a rebrand to Integrity Life....
Policy & Regulation
The Financial Services Council has argued the life insurance industry does not deserve to be subject to an extension of the Unfair Contracts legislation....
Life/Risk
New research has confirmed that clients highly value expert help when it comes to making life/risk claims....
Features
Col Fullagar examines the claims section of the Life Insurance Code of Practice and believes while the code is a commendable beginning it has a long way to go....
Financial planning
Advisers who do not ask about a client’s mental and physical health are doing them a disservice, Leading Advice believes....
Financial planning
ASIC has released its Cost Recovery Implementation Statement outlining its estimated regulatory costs in 2017/18 as part of the industry funding model. ...
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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....