A guidance note on group insurance data to improve consumer outcomes has been jointly released by life insurance and super bodies....
The Australian Competition and Consumer Commission has declared that capping commissions helps insurers more than anyone else and may lead to collusion....
The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and the Financial Services Council (FSC) have launched the Life Insurance Code of Practice....
The Australian Securities and Investments Commission has left Federal Parliamentarians in no doubt that it has concerns about the compatibility of vertical integration wi...
Single source data, privacy, compliance, and education are the biggest challenges life insurance advisers will face this year when it comes to big data and digital change...
YTML has this week announced a strategic partnership with risk specialist technology firm, Omnium, to deliver new offerings for advisers in the life insurance space....
MLC Life Insurance has today announced a new leadership team for its bancassurance, digital and direct division, following the recent partnership announcement between NAB...
The new LIF laws due to come into effect this year are filled with holes and lacks clarity around what would happen if there was a change of licensee and/or adviser, a la...
Increasing numbers of consumers are preferring to use the internet to fulfil their life insurance needs with many reluctant to pay for advice....
Parliamentarians need to understand that the major life insurers, not advisers, set and control the dynamics of the life insurance industry, according to the AIOFP....
The Life Insurance Framework bill has passed through the House of Representatives unopposed, even as a Liberal Party member expressed concerns over possible unintended co...
More than half of Australians who only have life insurance in their super are not confident in the level of cover they have, according to a survey....
ANZ’s OneCare has launched new initiatives to streamline OneCare’s underwriting processes to allow advisers and clients to spend more time on wealth solutions....
Direct life insurance channels had inherent weaknesses and did not measure up compared to advised retail life insurance, the AFA incoming national president argued....
The life insurance industry cannot move on from LIF until performance guidelines are set, Bombora believes....
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....