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 ...

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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....

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People & Products

ANZ Wealth has introduced new initiatives to its OnePath solution in a bid to adjust as the life insurance sector faces challenges....

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Life/Risk

Suncorp Group has confirmed its continuing consideration of options for its life insurance business, including possible partnerships or sale....

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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...

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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....

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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....

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Life/Risk

AIA has urged the Government to consider legislative change that would allow life insurance companies to provide early rehabilitation and medical expenses....

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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...

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Life/Risk

Integrity Group has acquired QBE Life in a transaction valued at $21.7 million with a rebrand to Integrity Life....

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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....

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Life/Risk

New research has confirmed that clients highly value expert help when it comes to making life/risk claims....

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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....

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Financial planning

Advisers who do not ask about a client’s mental and physical health are doing them a disservice, Leading Advice believes....

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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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