LIFE INSURANCE

Life/Risk

AIA now has 25 per cent of the life insurance market share with an in-force risk annual premium of $3.9 billion thanks to its acquisition of CommInsure, according to DEX...

image
Life/Risk

The ISWG’s draft Life Insurance in Superannuation Code of Practice requires any opt out or cessation arrangements to be straightforward and transparent. ...

image
Financial planning

The Australian Securities and Investments Commission has pointed to an insurance comparison web site which is owned by an insurer and actually sells that insurer’s prod...

image
Policy & Regulation

Advisers and insurers will get to have their say on whether the regulator is right about life/risk at this year’s Money Management Risk Breakfast....

image
Financial planning

The Australian Securities and Investments Commission has told a Parliamentary committee it has seen little improvement in the delivery of non-compliant life insurance adv...

image
Policy & Regulation

The Australian Prudential Regulation Authority has listed profitability challenges in the life insurance industry high on its list of priorities over the next four years....

image
Life/Risk

TAL has created the role of head of mental health to help prevention and return of health of customers suffering from mental health illnesses....

image
Features

Technology may be vital for increasing efficiency and decreasing costs but the key to achieving this lies in how financial advice practices implement and utilise it, Jass...

image
Life/Risk

DEXX&R figures revealed the life insurance framework has done little to dent advice life business, with individual risk business increasing and attrition decreasing over ...

image
Superannuation

Superannuation funds need to provide new members with an easily understood but detailed explanation of what, precisely, insurance within super is delivering, according to...

image
Editorial

ASIC is taking a close look at the sale of life insurance direct to consumers and Mike Taylor writes that the regulator’s findings may significantly alter the commercial ...

image
Superannuation

Complex super insurance claims processes and delays forced members to opt for litigation in the lodgement of the claim despite the legal fees involved, a super working g...

image
Life/Risk

An additional layer of assistance to help consumers make a claim would add more confusion and would be seen as a way to discourage consumers from making a claim, a panel ...

image
Financial planning

Five awards have been presented to talent in Australia’s life insurance industry at a gala dinner held in Sydney last night as part of the Financial Services Council Life...

image
Life/Risk

ASIC has examined 60,000 documents as part of its CommInsure investigation and will deliver its findings by the end of the month....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

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

1 month ago
Denise Baker

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

1 month ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

1 month ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks 4 days ago

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

3 weeks 4 days ago

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

2 weeks 4 days ago