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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....
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....
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....
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....
Financial planning
Just under two-thirds of risk advisers consider themselves prepared for next year’s Life Insurance Framework changes....
Financial planning
New analysis of bank annual results questions whether they are getting an appropriate return on their investment in wealth management....
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....
Financial planning
NAB sells 80 per cent of Life business within MLC to Nippon Life after extracting superannuation and investments....
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....
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...
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....
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....
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...
Life/Risk
BT adjusts its superannuation-related life products to accommodate changes to the terminal illness release conditions....
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MARKET INSIGHTS
Podcast
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....