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...
The ISWG’s draft Life Insurance in Superannuation Code of Practice requires any opt out or cessation arrangements to be straightforward and transparent. ...
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...
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....
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...
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....
TAL has created the role of head of mental health to help prevention and return of health of customers suffering from mental health illnesses....
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...
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 ...
Superannuation funds need to provide new members with an easily understood but detailed explanation of what, precisely, insurance within super is delivering, according to...
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 ...
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...
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 ...
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...
ASIC has examined 60,000 documents as part of its CommInsure investigation and will deliver its findings by the end of the month....
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....