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LIFE INSURANCE
Life/Risk
TAL chief executive, Jim Minto, wants a time-limit imposed on late claims amid concerns that insurers are assessing claims which occurred decades ago....
Financial planning
Financial services licensees should make it a point to highlight their conflicts of interests with life insurance companies to clients....
Financial planning
Wesfarmers’-owned Coles is venturing further into financial services, announcing a joint venture business with GE Capital Australia. ...
Life/Risk
Life insurer TAL declared it now provides “almost 100 per cent” equal pay for both male and female employees through its organisation....
People & Products
Australia’s largest life insurer, TAL hopes the appointment of its new General Manager Strategic Finance, Edith Pfister, will secure the business’s ongoing growth....
Life/Risk
There has been a jump in appetite for life insurance among Australians, particularly among generation X, TAL research showed. ...
Life/Risk
If life insurance policies fail to meet the client’s – and adviser’s – expectations, certain questions must be answered, Col Fullagar writes. ...
People & Products
AIA Australia has named Damien Mu, General Manager, Life Insurance of AIA Australia, as its next chief executive officer. ...
Life/Risk
The current underinsurance crisis is forecast to worsen, as life insurance policies become a casualty of tighter household budgets, an academic believes....
Superannuation
The latest Australian Prudential Regulation Authority (APRA) data showed life insurance net profit after tax stood at $2.7 billion, with super making up a huge chunk....
Editorial
Advisers must look beyond the controversy from the recent Budget and determine what opportunities and risks it offers for their clients, David Glen writes....
Financial planning
Financial advice clients were charged an average of $1800 each in fees last year, largely due to the growing basket of products they were sold by advisers and brokers, re...
Life/Risk
Advisers must be extremely diligent about ensuring they fulfill their duty of care, as two recent court cases have shown. David Glen runs through the post-FOFA adviser ch...
Life/Risk
AIA Australia will offer direct life to consumers under a deal with Bendigo Bank to offer bank branded insurance products. ...
Financial planning
ANZ's OnePath has upgraded its OneCare insurance offering based on adviser feedback...
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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....