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...

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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. ...

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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...

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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....

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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...

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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....

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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....

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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...

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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 ...

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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...

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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 ...

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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...

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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 ...

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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...

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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....

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MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

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This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

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Interesting. Would be good to know the details of the StrategyOne deal....

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Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

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