LIFE INSURANCE

Financial planning

Recently announced life/risk reforms ensure ongoing viability of personal risk advice compared to the risks of disruption inherent in the initial recommendations....

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Life/Risk

To help see an industry response to LIF that goes beyond adviser remuneration, Zurich has reduced its term and TPD rates in the lead up to the new regime....

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Life/Risk

MLC has cut its TPD and life insurance premiums by up to 15 per cent to help address the under insurance issue in Australia....

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Policy & Regulation

Mike Taylor reflects that 2015 was a year of policy challenges for the financial services industry, many of which will continue into 2016....

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Financial planning

Just under two-thirds of risk advisers consider themselves prepared for next year’s Life Insurance Framework changes....

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Financial planning

New analysis of bank annual results questions whether they are getting an appropriate return on their investment in wealth management....

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Life/Risk

New analysis suggests Australian life insurers could face big remediation bills if ASIC were to emulate its UK regulatory counterpart in the life insurance arena....

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Financial planning

NAB sells 80 per cent of Life business within MLC to Nippon Life after extracting superannuation and investments....

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Life/Risk

The AFA, FPA and the FSC have all been invited to meet with Assistant Treasurer, Kelly O’Dwyer, to voice their concerns around the Life Insurance Framework....

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Life/Risk

Life insurers’ relationships with advisers must evolve beyond the current transactional model to an efficient partnership, TAL group chief executive, Brett Clark, believe...

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Policy & Regulation

The Government will consider further extending the existing FOFA provisions if reforms are not found to better align firm and consumer interests by 2018....

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Life/Risk

NAB has revealed it is in ongoing negotiations with Nippon Life to enter a life insurance product manufacturing agreement aimed at bolstering the wealth business....

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Life/Risk

The Life Insurance Framework and other key issues are on the agenda when key planner groups meet with the new Assistant Treasurer, Kelly O’Dwyer this week....

Life/Risk

Life insurers need to innovate, rather than slashing commissions to advisers, if they want create a more sustainable model, an insurance comparison website chief believes...

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Life/Risk

BT adjusts its superannuation-related life products to accommodate changes to the terminal illness release conditions....

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